World Liberty Financial’s existing subcoin assets are worth $ 373 million, and the biggest shares are Ethereum (ETH) and WRAPPED Bitcoin (WBTC). However, in a new announcement, the project shared the sale of token with the community…
World Liberty Financial rejected the allegations that token was sold
World Liberty Financial (WLFI) has recently made a statement against rumors that he had recently entered the token swaps with various blockchain projects. The company stated that it does not sell WLFI tokens and reorganizing its assets only within the scope of the Treasury management strategy.
In a statement made on social media on February 3, “To be open, we do not sell token – we only allocate our assets as part of our business processes.” The expression was used.
This statement came after the news that Blockworks claimed that World Liberty claimed that the token he bought in recent months was trying to trade WLFI token, which has not yet been released.
World Liberty’s Altcoin Reserves and Investments
World Liberty Financial’s current portfolio consists of $ 373 million crypto assets. The majority of these assets were recorded as Ethereum (ETH) and WRAPPED Bitcoin (WBTC). In the last week of January, the company acquired ETH worth $ 10 million.
It is known that the company has already purchased token from projects such as ETH, USD Coin (USDC), Chainlink (LINK), Aave (Aave), Tron (TRX) and Uniswap (UNI). However, there is no direct evidence that World Liberty has made token with these projects.
It is claimed that there is intense demand for WLFI Token
Founded by the Trump Family before the presidential elections in November, World Liberty Financial aims to bring interest to crypto investors through decentralized finance (defi) protocols and guarantee their assets.
On January 20, the company announced that it has completed its goal to sell 20 %of the total supply and planned an additional 5 %sales due to intense demand. The total supply of WLFI is 100 billion units, 25 billion of it is reserved for sale.
20 billion token sold in the first stage, $ 0.015 with a total price of 300 million dollars income. In November, Tron’s founder Justin Sun became the largest investor by receiving a $ 30 million WLFI token. In January, Sun announced that it will invest more than 45 million dollars in the project.
Critics and Discussions
World Liberty Financial has been subjected to harsh criticism of some experts, although it has attracted great interest since its release.
- Anthony Scaramucci, former Trump’s former White House Communication Director, described the project as “a fraudulent attempt to harm the crypto sector”.
- Mark Cuban, a billionaire investor, evaluated the project as Trump’s helplessness and commented, “There is no innovative or valuable side”.
In the shadow of all these discussions, the future of World Liberty Financial and the market performance of WLFI tokens remain curious.
