Backed by U.S. President Donald Trump, the cryptocurrency project World Liberty Financial (WLFI) has concluded its token sale, successfully raising approximately $590 million.
According to data compiled by ICODrops, this fundraising amount places WLFI among the top ten token sales in history. To date, the largest token sale has been EOS, which raised a staggering $4.21 billion.
On the stage at the Consensus 2025 conference in Hong Kong, WLFI co-founder Zak Folkman attributed the success of the project’s token sale to Tron founder Justin Sun. Initially, WLFI’s token sale lacked appeal, and the market widely believed that the project would not succeed in raising the targeted funds. The situation changed only after Justin Sun invested $30 million in November 2024 (followed by additional investments).
Folkman stated during the conference:
“When we launched this project, it was during a very intense period. Due to the identity of the participants, our project faced a lot of scrutiny. This meant that traditional crypto venture capital firms (VCs) shied away from the token. However, Justin Sun believed that regardless of the outcome, this project represented a milestone for the entire cryptocurrency community.”
According to the rules of the WLFI token sale, the token is only open to qualified investors and cannot be transferred or publicly sold on exchanges. A specific date for the token’s listing on exchanges has not yet been established.
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