Trump-backed WLFI token begins trading with $30B valuation

  • WLFI token launches on Binance at $0.30+, valuing it over $30B FDV.
  • Trump family’s WLFI stake worth ~$6B; most insider tokens remain locked.
  • 25% of supply unlocked at launch; early buyers see up to 20× paper gains.

The governance token of World Liberty Financial (WLFI), a crypto project backed by US President Donald Trump and his family, began trading on Monday in what is emerging as one of the year’s most closely watched token launches.

The debut has given WLFI a fully diluted valuation of more than $30 billion, with early activity suggesting strong investor interest and sharp paper gains for initial backers.

Trading debut and exchange listings

WLFI launched on centralized exchanges at 1 p.m. UTC on September 1, with Binance announcing trading pairs in WLFI/USDT and WLFI/USDC.

Other major venues, including Upbit and Gate, also confirmed support.

Shortly after its launch, the token was changing hands at above $0.30,...

2.67K
0
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.