World Liberty Financial: $550M Raised, SEI Purchase, and an Unusual Token Swap Offer
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- World Liberty Financial ($WLFI) raises $550M, making it one of the top 10 token sales in history.
- The fund recently added $100K worth of SEI tokens, signaling a diversified investment strategy.
- TRON founder Justin Sun played a key role in $WLFI’s sales surge, strengthening his ties with Trump’s crypto initiatives.
World Liberty Financial ($WLFI), Trump’s crypto investment fund, now ranks among the top 10 largest token raises in history after securing $550 million in its latest sale.
Recently, it expanded its crypto holdings by buying $100K worth of SEI tokens on Ethereum via Cow Protocol. This strategic move follows a $25 million $USDC move last week. WLFI now holds roughly $76 million in assets, including Ethereum (ETH), Wrapped Bitcoin (WBTC), TRON (TRX), AAVE, and MOVE.
WLFI’s Controversial Token Swap Offer
But it’s not just the fundraising that’s raising eyebrows. As per sources, WLFI has been actively engaging with blockchain teams, offering them an unusual deal: buy at least $10 million worth of unlaunched WLFI tokens (with a 10% fee), and in return, the firm will purchase the same amount of the blockchain’s native token.
Insider…
The post World Liberty Financial: $550M Raised, SEI Purchase, and an Unusual Token Swap Offer appeared first on Coin Edition.
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