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The Republican contender and former US president, Donald Trump, has formally introduced World Liberty Financial, a new decentralized finance (DeFi) platform. Using his X social media account, he announced the news and invited investors to join the whitelist by sharing a link to the project’s KYC (know your customer) portal.
Trump stated, “I promised to Make America Great Again, this time with crypto,” signaling his intent to make America a global leader in the cryptocurrency space.
World Liberty Financial has positioned itself as a platform designed to revolutionize finance in America and beyond. The current signup is restricted to accredited U.S. investors and non-U.S. residents. However, the platform insists it’s working to ensure broader access for regular American citizens.
In a statement, World Liberty Financial said, “While these whitelists are currently open to accredited investors in the U.S. and all non-U.S. persons, we are not turning our backs on the everyday American.” The company emphasized that it aims to provide financial opportunities to everyone, regardless of their financial background.
Due to existing U.S. regulations, the platform has created separate whitelists for accredited U.S. investors and non-U.S. residents. However, World Liberty Financial is actively advocating for policy changes that would allow all Americans to access the platform.
In addition to the platform launch, World Liberty Financial has plans to introduce its own governance token, WLFI. A project spokesperson revealed, “We’re planning to sell and otherwise distribute governance tokens called WLFI in the future. WLFI tokens are pure governance tokens, only providing the right to make proposals and vote on matters related to the platform.”
The token distribution plan includes 63% of WLFI tokens being sold to the public, 17% reserved for user rewards, and 20% allocated for team compensation.
World Liberty Financial’s launch marks a significant move in Trump’s continued efforts to reshape America’s financial future, now with a focus on decentralized technologies.