Trump’s World Liberty Financial crypto tokens WLFI approved for trading – Details

Key Points

1. WLFI tokens, backed by President Donald Trump and supported by Justin Sun, have been approved for spot trading.

2. The project raised $715 million, with Justin Sun investing $52.5 million, and aims to offer crypto lending and borrowing services.

3. WLFI's initial coin offering (ICO) price was $0.015, with a fully diluted valuation (FDV) of $1.50 billion at launch.

4. Polymarket bettors predict WLFI's valuation could reach $13 billion FDV, an 8.7x increase from the ICO price.

5. WLFI is a governance token used for voting on community decisions, with part of its supply unlock schedule to be decided by a community vote.