CandleFocus Trump token WLFI confirmed, sales limited to accredited investors and non-US persons
2024-09-17
Author: Content Editor
Former US President Donald Trump confirmed the WLFI token for his family's DeFi project, World Liberty Financial, during a livestream on X Spaces. The project's team announced that the token sales will be limited to accredited investors and non-US persons due to regulatory uncertainty in the US. The WLFI token is a governance token offering voting rights but no economic benefits. The token allocation includes 63% for the public, 17% for user rewards, and 20% for the team and advisors. Trump mentioned that his involvement has led to a more favorable stance from the SEC towards crypto projects, but warned of a potential crackdown if he doesn't win the election.
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