Particle.news

Download on the App Store

Trump-Backed WLFI Token Begins Trading on Major Exchanges With Sharp Volatility

Founder holdings largely stay locked, with reports estimating roughly $500–$600 million in first-day proceeds to the Trump family.

Overview

  • WLFI, issued by World Liberty Financial, listed on platforms including Binance, OKX and Bybit after a July vote enabled tradability.
  • Market trackers reported divergent prices and valuations on day one, ranging from about $0.24 and roughly $7 billion in market cap to about $0.318 and roughly $9.1 billion, with higher fully diluted values.
  • Early investors excluding founders are limited to selling up to 20% of their holdings at launch, while founder tokens remain locked pending a vote on an unlocking schedule.
  • Reuters-based estimates cited in coverage put the family's realized take on launch-day transactions near $500 million, with other reports placing it closer to $600 million.
  • Distribution materials and reporting describe a governance token on Ethereum that uses Aave V3 and includes large allocations to the Trump family, with claims they hold about 22.5 billion WLFI and receive 75% of proceeds from sales.