Trump family's cryptocurrency business plans $1.5 billion fundraising to establish a listed company
कीवर्ड: Trump, cryptocurrency, World Liberty Financial, WLFI, fundraising, listed company, decentralized platform, U.S. Securities and Exchange Commission, SEC
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Sunday, 10 August 2025
The Trump family's cryptocurrency business, 'World Liberty Financial,' is planning to raise $1.5 billion to establish a listed company that holds the cryptocurrency $WLFI. The platform is described as a 'decentralized platform,' with co-founders being Trump and his son. According to information on its official website, since the platform's inception, it has generated $500 million in revenue for the Trump family. $WLFI has not been classified as a security by the U.S. Securities and Exchange Commission (SEC), meaning it will not be subject to the same level of scrutiny as investments such as stocks. Currently, the company is in talks with major investors in the cryptocurrency and technology sectors to raise this funding. However, the transaction structure has not yet been finalized. This information was reported by Bloomberg News, citing sources. This move indicates further expansion by the Trump family in the cryptocurrency sector.