World Free Finance, a decentralized financial platform linked to the Trump family, is said to have talks with large investors to raise about $1.5 billion to the public company holding its WLFI tokens.
The structure of the transaction, Bloomberg Reportstill under discussion. The report said the company cited the identity of people familiar with the matter to address investors in technology and cryptocurrencies.
Last year, the company outlined plans for a crypto loan app and now released USD1, a USD-backed Stablecoin that promotes MGX’s Invest in Binary USD 2 billion. The WLFI token originally launched with non-transferable governance assets is It is expected to be tradable
The move will bring World Free Finance Corporation to an increasing number of cryptocurrency companies that have been issuing debt and equity to accumulate value in millions of tokens. WLFI itself already has one Diversified token portfolio.
Trump has adopted many pro-Cretto policies and signed executive orders this week Let 401(k) Retirement plan investment Among alternative assets, private equity and cryptocurrencies are included.
