World Liberty Financial (WLFI), a DeFi project with ties to the Trump and Witkoff families, sold an additional 5.9 billion tokens after raising over $550 million in earlier funding rounds. Reports indicate that approximately 75% of proceeds are directed to the DT Marks entity, which holds 22.5 billion tokens. A governance proposal for a two-year token lockup was adopted, and the WLFI token price declined approximately 9.68% to $0.05381 with $262.30 million in trading volume.
World Liberty Financial reportedly sold an additional 5.9 billion tokens following two prior public funding rounds that each generated over $550 million. Reports indicate these substantial allocations were not clearly communicated to existing investors.
About 75% of net proceeds from token sales will be invested in DT Marks DEFI LLC, an entity with ties to the Trump family. DT Marks reportedly owns 22.5 billion WLFI tokens and holds over 40% of the project’s voting power.
In April 2026, a governance proposal mandating a minimum two-year lockup for investor tokens was adopted. Investors who refuse the conditions may lose their tokens, while agreeing founders must burn 10% of their allocation.
TRON founder Justin Sun claimed the presence of a blacklist function enabling asset freezes, prompting legal action. Market sentiment weakened following these developments and the lockup proposal.
The WLFI token price declined to approximately $0.0557, reflecting a 9.68% drop, with $262.30 million in trading volume. The token also recorded a new all-time low, signaling growing investor caution.
The White House stated Donald Trump does not directly manage the project, noting his assets are in a trust overseen by his children. Separately, Steve Witkoff has reportedly exited his involvement in the project.
