World Liberty Financial, the decentralized financial platform with links with the Trump family, is said to be in talks with large investors to raise around 1.5 billion dollars for a public company that would hold its WLFI tokens.
The structure of the agreement, reports Bloomberg, is still under discussion. The company has approached deep investors in technology and crypto, according to the report, citing people familiar with the issue.
Last year, the company described the plans for a crypto loan application and is currently publishing USD1, a stablecoin supported by a dollar that was used to facilitate the investment of $ 2 billion in Binance. WLFI tokens, initially launched as non -transferable governance assets, should become negotiable
This decision would see that World Liberty Financial would join an increasing number of cryptocurrency cash companies, which have issued debts and equity to accumulate millions of various tokens. WLFI itself already has a portfolio of diversified token.
Trump has adopted many pro-Crypto policies, after having signed a decree this week Leave 401(K) Retirement plans invest In alternative assets, including investment capital and cryptocurrency.
