Trump-backed World Liberty Financial (WLFI) Completes $590M Token Sale

World Liberty Financial ($WLFI), the Donald Trump-backed crypto project, has closed its token sale after raising approximately $590 million.

The project's raise of $590 million would put it in the top-10 list of token raises, according to data curated by ICODrops. To date, the largest token sale is EOS, which raised $4.21 billion.

EOS is a blockchain platform developed by Block.one, which later founded Bullish, CoinDesk's owner.

On stage at Consensus 2025 in Hong Kong, $WLFI co-founder Zak Folkman credited Tron's Justin Sun with the success of the project's token sale.

After $WLFI first launched its sale, its critics called the momentum sluggish. But this changed after Sun invested $30 million into it in November 2024 and later invested more.

"When we were launching this project, it was a very heated time," Folkman said during Consensus. "There was a lot of scrutiny on our project due to who was involved."

This meant that traditional crypto VCs would not touch the token.

"[Sun] saw that regardless of the outcome, this project is a monumental move forward for the entire crypto community," Folkman added during the Consensus panel.

Rules around $WLFI's token sale mean that the token was only available to accredited investors and can't be transferred or publicly sold on exchanges. A date has not been set for an exchange listing.