World Liberty Financial, the cryptocurrency project of Donald Trump,
Cointelegraph reported that Yahoo! Financial Inc. has purchased $30 million worth of tokens, making it the largest investor in the company.
On the 25th (local time), Justin Sun posted on X (formerly Twitter) "World Liberty Fair
"We are pleased to invest $30 million in Inantial. Tron will make America great again and lead the way in innovation," he said.
Prior to the announcement, cryptocurrency exchange HTX (formerly Huobi) had listed Etherscan as holdings.
It has been confirmed that a wallet tagged with has purchased 2 billion World Liberty Financial (WLFI) tokens at $0.015 each.
Sales for WLFI have been sluggish since its launch in mid-October, which restricted purchases to individuals outside the United States and U.S. accredited investors and made the tokens non-transferable.
This made it less attractive to investors. Prior to Sun's large purchase, WLFI had only sold a total of $20 million (approximately 3 billion yen).
His investment boosted the total sale to $52 million, but that's just 17% of World Liberty's $300 million token sale goal.
However, this benefited the Trump camp.
According to the paper, if the project makes $30 million, Trump's company, DT Marks DEFI, will
The LLC is entitled to 75% of the net profits.
2024/11/26 15:14 KST
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