Trump-Endorsed Crypto Project WLFI Secures $590M in Token Pre-Sales
World Liberty Financial (WLFI), a cryptocurrency initiative backed by Donald Trump, has successfully raised $590 million across two pre-sales, according to on-chain data.
This substantial raise places WLFI among the top 10 largest token sales ever recorded, based on data from ICODrops. EOS still holds the all-time record, having raised $4.21 billion.
EOS, developed by Block.one, later contributed to the establishment of Bullish, the parent company of CoinDesk.
Speaking at Consensus 2025 in Hong Kong, WLFI co-founder Zak Folkman credited Tron’s Justin Sun as a key factor in the project’s fundraising success.
“When WLFI was first announced, many investors hesitated due to the political associations,” Folkman explained. “Traditional crypto VCs steered clear, making it difficult to gain traction.”
Momentum shifted after Sun invested $30 million in WLFI in November 2024 and followed up with additional funding.
“Justin saw the bigger picture—this wasn’t just about politics, but about pushing the boundaries of what crypto can achieve,” Folkman said.
Due to regulatory restrictions, WLFI’s token sale was exclusively available to accredited investors. The token remains locked from public trading, and no official exchange listing date has been announced.