It is said that World Liberty Financial, the decentralized financial platform with links with the Trump family, is in conversations with large investors to raise around $ 1.5 billion for a public company that would maintain its WLFI tokens.
The structure of the agreement, reports Bloomberg, is still under discussion. The company approached deep investors in technology and cryptography, according to the report, citing people familiar with the matter.
Last year, the firm described the plans for a cryptocurrency application and currently emits USD1, a dollar -backed stable that was used to facilitate the investment of $ 2 billion mgx in Binance. WLFI tokens, initially launched as non -transferable government assets, are expected to become negotiable
The measure would see World Liberty Financial join a growing number of cryptocurrency treasury companies, which have been issuing debt and capital to accumulate millions of tokens. WLFI already has a diversified Token wallet.
Trump has adopted numerous Pro-Crypto policies, which only this week signed an executive order leaving 401(K) Retirement plans invest In alternative assets, including private and cryptocurrency capital.
