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,...