Trump’s World Liberty Financial to Launch a Token
The team members responsible for the World Liberty Financial crypto project, which has been endorsed by former President Donald Trump and his sons, has confirmed their plans to launch a governance token called WLFI.
According to the team, the token will not be transferable and will not offer any economic rights. They stated that they are seeking token buyers who are interested in participating in the governance of the project, rather than those looking for financial gains.
The team reported that 63% of the token will be available for sale to the public, with 17% reserved for user rewards and 20% allocated to the team.
Currently, the token will only be available for purchase by accredited investors under a Regulation D exemption from the Securities and Exchange Commission (SEC).