Trump-Backed World Liberty Financial Whitelists 100K Accredited Investors Ahead of WLFi Launch

As a seasoned researcher with extensive experience in the crypto space, I find myself intrigued by the upcoming token launch of World Liberty Financial (WLFI), backed by the Trump family. Given my background, I can’t help but view this development through the lens of both financial analysis and political curiosity.

World Liberty Financial, endorsed by the Trump family, has pre-approved more than 100,000 accredited American investors before their planned token launch on Tuesday, as stated in a press release on Monday.

On Tuesday morning in the United States, the pre-sale for World Liberty Financial’s WLFI token will begin, which takes place approximately three weeks prior to the presidential election featuring Donald Trump as the Republican nominee.

As a researcher, I find myself intrigued by the roles within this project. In essence, the project has designated me as its “chief advocate for cryptocurrency.” My sons, Eric and Donald Trump Jr., have been appointed as “web3 ambassadors,” while our youngest son, Barron, holds the title of “DeFi visionary.

In the United States, an accredited investor is granted permission by the Securities and Exchange Commission to purchase unregistered securities like pre-Initial Public Offering (IPO) shares. To qualify, they must fulfill certain income and wealth standards, such as earning a minimum of $200,000 annually or having assets valued over $1 million in total.

Previously, international investors were required to comply with local laws before gaining approval (whitelisting). This was stated during the call by Zachary Folkman and Chase Herro, the founders of the platform. Some prominent figures from the crypto community participated in the event, including Stani Kulechov, founder of Aave, Sandy Peng, co-founder of layer-2 network Scroll, and Luke Pearson, a senior research cryptographer at Polychain Capital.

This project intends to garner $300 million through token offerings, valuing it at an impressive $1.5 billion. The Working-for-Influence (WLFI) token will serve as the governing entity within this protocol, allowing users to voice their opinions on proposed changes and future strategies by casting votes.

World Liberty Financial will serve as a single, integrated system, enabling users to both borrow and lend digital currencies, establish liquidity pools, and conduct transactions using stablecoins – a feature that Folkman and Herro have mentioned.

All governance decisions, however, will be in line with U.S. regulations to ensure any changes are complaint with laws.

At present, Trump appears to have a slight advantage in the upcoming election, as indicated by Polymarket’s prediction which gives him a 53.8% likelihood of victory, while Biden-Harris stands at 45.6%.