Trump’s WLFI Token to Target Accredited Investors with Exclusive Offering
(Originally posted on : Crypto News – iGaming.org )
World Liberty Financial, led by former President Donald Trump, has confirmed the upcoming release of its governance token, WLFI, which will be available only to accredited investors. Announced during an X Spaces interview hosted by crypto influencer Farokh Sarmad, the project made headlines by revealing its token to an audience of over 100,000 listeners on Sept. 16.
WLFI Token to Target Accredited Investors
The WLFI token will launch under the Regulation D exemption, allowing companies to raise funds without SEC registration, provided sales are limited to accredited investors or small, private offerings. Zak Folkman, a co-founder of the project, explained that regulatory uncertainty in the U.S. prompted the decision to restrict WLFI sales. Folkman highlighted the ongoing challenges posed by the SEC’s classification of tokens as securities, adding that non-U.S. buyers may face separate restrictions, although details remain unclear.
The WLFI token will serve a non-transferable governance role, giving holders the power to make proposals and vote on platform-related issues. The goal, according to the team, is to disrupt traditional banking, with a mission to leave “slow and outdated banks behind.”
Around 63% of the total WLFI supply is earmarked for public sale, while 17% is designated for user rewards. The remaining 20% will go to the project team and its advisers. Folkman assured potential investors that the distribution would be “incredibly fair,” with no pre-sales or discounted allocations for venture capitalists. He stressed that early access or preferential buy-ins are not part of the token’s strategy.
Though no launch date for the token has been announced, the project continues to generate buzz in the crypto world, particularly as it positions itself within the governance token space.
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