Home Donald Trump announces WLF token sale

Donald Trump announces WLF token sale

Former United States president and current republican candidate Donald Trump announced the sale of his World Liberty FInancial (WLF) token.

Trump announced in a Saturday X post that the WLF token sale will start on Oct. 15. He wrote:

“This is YOUR chance to help shape the future of finance. Be there on Monday, October 14th at 8 AM EST for an Exclusive Spaces to learn more.”

Trump also included a link to the official World Liberty Financial website. On the page it is possible to sign up for the WLF investment whitelist.

Recent WLF developments

World Liberty Financial opened up sign-ups earlier this month, but only to accredited investors. Still, at the time team members announced plans to open up to more people down the line, according to a post on X.

The existence of a crypto project linked to Trump was first revealed in late August and it was only last month that the Trump family revealed the nature of the project at its event. The project aims to develop a decentralized finance (DeFi) platform that enables the public to borrow, lend, and invest in cryptocurrencies.

World Liberty Financial recently submitted a governance proposal to Aave (AAVE) to link the two projects. The proposal in question suggests deploying a World Liberty Financial Aave instance that would be focused on providing stablecoin liquidity for Ethereum and Wrapped Bitcoin as an extension of the Aave DeFi ecosystem.

Aave is a DeFi protocol that allows its users to borrow and lend assets, including cryptocurrencies, tokens, and stablecoins — much like WLF plans to do. The system is based on smart contracts that automate fund allocation, distribution, collateralization, and fee assessment.

About ReadWrite’s Editorial Process

The ReadWrite Editorial policy involves closely monitoring the gambling and blockchain industries for major developments, new product and brand launches, game releases and other newsworthy events. Editors assign relevant stories to in-house staff writers with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.

Radek Zielinski
Tech Journalist

Radek Zielinski is an experienced technology and financial journalist with a passion for cybersecurity and futurology.

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