One of America’s largest and most ambitious crypto projects has now raised half a billion dollars.

What’s happening:

  • World Liberty Financial has successfully raised a total of $550M USD through multiple token sales

By the numbers:

  • World Liberty Financial’s first token sale brought in $300M USD
  • World Liberty Financial’s second token sale brought in $250M USD
  • Over 85,000 individuals participated in the two token sales

Why it matters:

  • World Liberty Financial was founded by the United States President Donald Trump and his family including Eric Trump and Donald Trump Jr, as well as real estate mogul Steve Witkoff and crypto entrepreneurs Zak Folkman and Chase Herro

Going deeper:

  • Since successfully raising capital, World Liberty Financial has been on a buying spree of popular decentralized finance projects including Ethereum, Avalanche, Chainlink, Ondo and more
  • The Sui Foundation has also entered into a partnership with World Liberty Financial which is focused on jointly developing new decentralized finance applications

The intrigue: