Trump’s World Liberty Financial Launches Whitelist Token Sale

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World Liberty Financial (WLFI), a DeFi platform backed by the Trump family, has officially opened KYC verification for the sale of WLFI governance tokens.

1/6 World Liberty Financial Whitelists are now OPEN. Backed by Donald J. Trump, we will integrate the next wave of users into the future of finance. Join the movement here: https://t.co/YLcCq49uac

— WLFI (@worldlibertyfi) September 30, 2024

While non-US people can sign up without meeting the income requirements, most ordinary Americans cannot access the platform at this time. World Liberty Financial’s whitelist is limited to accredited US investors, defined by the SEC as having a net worth of at least $1 million or an annual income of at least $200,000.

The platform, which will provide lending and borrowing services for digital assets on the Ethereum blockchain, has launched its Know Your Customer (KYC) process for the sale of WLFI governance tokens. However, due to SEC regulations, only accredited investors can participate at this time, excluding many Americans from the initial launch.

In response to concerns about limited availability for US customers, the draft stated the following.

“We plan for all Americans to be able to use this platform in the future, giving everyone access to tools and opportunities that have been restricted for too long.”

The WLFI token is a non-transferable governance token that gives holders voting power within the World Liberty Financial ecosystem. The platform has allocated 63% of its tokens for the public sale, giving investors a significant opportunity to get involved in its governance model.

Donald Trump’s support for World Liberty Financial marks a significant shift in his stance on digital assets. Once critical of crypto, Trump has now embraced a pro-crypto stance, aiming to appeal to the growing base of Bitcoin and blockchain supporters. Earlier this year, he spoke out against the SEC’s crackdown on cryptocurrency under Chairman Gary Gensler and vowed to have all remaining Bitcoins “banked in the US.”

After the launch of World Liberty Financial, Trump expressed his enthusiasm for the project, emphasizing its role in his broader crypto-friendly agenda.

“I promised to make America Great Again, this time with crypto. @WorldLibertyFi plans to help make America the crypto capital of the world!”

I promised to make America Great Again, this time with crypto. @WorldLibertyFi plans to help make America the crypto capital of the world! The whitelist for eligible individuals is officially open – this is your chance to be a part of this historic moment. Join:…

— Donald J. Trump (@realDonaldTrump) September 30, 2024

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