World Liberty Financial Responds to Token Sale Allegations

The Trump-backed DeFi protocol, World Liberty Financial (WLFI), has built up a treasury of various crypto tokens and recently disputed claims regarding its activities.

In response to a Blockworks article, WLFI stated:
> “We’re making routine movements of our crypto holdings as part of regular treasury management, and payment of fees and expenses to address working capital requirements. To be clear, we are not selling tokens — we are simply reallocating assets for ordinary business purposes.”

The announcement followed speculation that World Liberty had approached multiple blockchain teams to propose trading unlaunched WLFI tokens for approximately $10 million worth of their native tokens, reportedly for a 10% fee. This coincided with a significant market downturn.

Around two weeks prior, World Liberty completed a 20% sale of its 100 billion WLFI token supply, raising $254 million before Donald Trump’s presidency began. Initially, the project aimed to raise $450 million, but the fundraising faced delays. By the Saturday before the inauguration, only $91 million had been collected.

Due to high demand, World Liberty sold an additional 5 billion tokens, equating to 5% of the total WLFI supply.

Concerns arose last week when World Liberty acquired around $2 million worth of MOVE tokens amid rumors of an impending tech-efficiency program with the new Department of Government Efficiency led by Elon Musk. Rushi Manche, founder of Movement Labs, denied any alleged insider trading, stating, “nothing from the Movement Labs offices or growth team have crossed DOGE’s desks.”

Currently, World Liberty holds approximately $364 million in cryptocurrencies, with ETH representing its largest asset valued at $176 million. The protocol also has significant investments in wrapped bitcoin (WBTC), staked ETH (StETH), and USDC. Former Tron founder Justin Sun is an advisor to the project after a $30 million investment.

Additional treasury holdings include LINK and AAVE, with plans for a major expansion into altcoins underway. Symbolic purchases totaling around $4.7 million or $47 million were made on the Inauguration Day.

Blockworks reported that WLFI is projected to launch in Q3 2025 with a valuation of $1.5 billion. WLFI tokens remain non-tradeable and locked indefinitely.

60% of the World Liberty holding company’s equity and 75% of fees from the WLFI sale are designated for the Trump family.