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World Liberty Financial (WLFI), a cryptocurrency project backed by the 47th President of the United States, Donald Trump, successfully completed its second round of coin sales, raising a total of $5.5 billion. Of this amount, $30 million will be allocated for operational expenses. Trump and his affiliated company, DT Marks DEFI LLC, reportedly generated $3.9 billion in revenue from this initiative. Currently, investors are unable to sell the WLFI coins they purchased, limiting their ability to realize any profits.
Trump and Company Generate Substantial Revenue
World Liberty Financial first attracted attention with its initial coin sale launched last October. The company conducted coin sales targeting investors in both the U.S. and other countries. With the recent second round of sales, the total fund amount has reached $5.5 billion.
According to the documents released regarding the first coin sale, Trump and his associated company received 75% of the net revenue. This figure indicates that Trump and his partners earned $3.9 billion. The managers of the World Liberty Financial project argue that this revenue distribution is a critical step for the project’s success.
Investors Cannot Sell Their Purchased WLFI Coins
However, WLFI coin holders currently do not have the right to sell their coins. This means that realizing profits from the purchased coins is not possible at this moment. The timing of when the company will allow trading of the coins remains uncertain.
This restriction has sparked discussions among investors. Some market observers believe the lack of liquidity could negatively impact investor confidence. Nevertheless, Trump and his team assert that the project is based on a long-term financial model, defending that this process is normal.
