Overview
- World Liberty Financial is negotiating a $1.5 billion fundraising round with technology and crypto investors to establish a public treasury firm
- The company intends to execute a reverse takeover of an existing Nasdaq shell to list a public vehicle holding WLFI tokens and cash
- A recent governance vote cleared WLFI tokens for public trading after they raised $550 million as a non-transferable governance asset
- Eric Trump and Donald Trump Jr. are expected to serve on the new company’s board, solidifying the Trump family’s leadership role
- World Liberty also operates the USD1 stablecoin and is developing a crypto lending application to broaden its DeFi offerings