Trump-Backed WLFI Raises $250M Amid Community Skepticism

Airdrop Is Live 🔥 CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com



World Liberty Financial (WLFI), a DeFi project backed by Donald Trump and his sons, has successfully concluded its second public token sale, securing $250 million from investors.

Launched on September 16, 2024, WLFI aims to promote stablecoins pegged to the US dollar while challenging traditional banking structures. The project has been positioned as a crypto-friendly initiative aligned with the former president’s broader financial innovation agenda.

With this latest funding round, WLFI has raised a total of $550 million, selling 25% of its total token supply. The initial sale, held in October 2024, saw 20 billion tokens sold at $0.015 each, generating $300 million. Due to “massive demand,” WLFI launched another round on January 20, 2025, offering 5 billion tokens at $0.05 each—a 230% price increase from the first sale. By March 14, the company had met its full target.

The project has also attracted attention from prominent crypto figures. On November 25, 2024, Tron founder Justin Sun invested $30 million, purchasing 2 billion WLFI tokens. Other key backers include Web3Port, which contributed $10 million, and Oddiyana Ventures, which announced a strategic investment, though the exact amount remains undisclosed.

Community Divided: Innovation or Cash Grab?

Despite the large capital inflow, WLFI has sparked debate within the crypto community, with critics questioning whether it represents genuine innovation or a “pay-to-play” scheme.

6MV managing partner Mike Dudas took to X to label the project as a marketing-driven cash grab, rather than a legitimate DeFi gateway for new users.

Andre Cronje, co-founder of Sonic Labs and creator of Yearn.finance, echoed similar concerns. He pointed out that WLFI’s business model appears to focus on extracting value from crypto firms rather than contributing tangible utility or ecosystem growth.

Silence from WLFI as Doubts Grow

Further concerns have arisen around WLFI’s reinvestment strategies, with skeptics suggesting the project benefits insiders more than retail investors.

Despite the growing criticism, WLFI has not publicly addressed concerns regarding its legitimacy or business model. The project’s backers continue to promote it as a disruptive force in the financial sector, while critics warn that the hype may overshadow real risks.

With half a billion dollars already raised, WLFI’s next moves will determine whether it cements its place as a revolutionary DeFi player or just another controversial crypto experiment.



Source link