Donald Trump’s WLFI Token to Be Limited to Accredited Investors
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Donald Trump’s crypto project World Liberty Financial has confirmed plans to launch a governance token that will only be available to accredited investors.
After surviving a second assassination attempt, Former President Donald Trump made his first public appearance in an interview with crypto influencer Farokh Sarmad during a Sept. 17 X spaces where the World Liberty Financial team members unveiled the WLFI token to over 100,000 listeners.
Join me live from Mar-A-Lago at 8:00PM Eastern, tonight on X Spaces. Set a reminder and be sure to tune in! https://t.co/MXTu3hxVFP
— Donald J. Trump (@realDonaldTrump) September 16, 2024
The WLFI token will be sold under a Regulation D exemption, which lets companies raise money without registering with the SEC, as long as they stick to accredited investors or small, private sales.
Zak Folkman, one of the project’s founders, said this decision comes down to the regulatory uncertainty around token sales in the U.S., where the Securities and Exchange Commiss
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