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World Liberty Financial
What this page is: neutral, sourced facts about World Liberty Financial. Every line links where it was checked. 9 facts, 0 from primary sources. Educational, not financial advice.
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Launch
- In October 2024 it announced its first initiative marketing a cryptocurrency called $WLFI. secondary source source
Founders and creators
- Founded in 2024 by Zachary Folkman, Chase Herro, Alex Witkoff, Zach Witkoff, and Trump family members. secondary source source
Origin story
- In September 2024, Trump announced that his sons would enter the cryptocurrency marketplace with a new venture called World Liberty Financial. secondary source source
Stated purpose
- World Liberty Financial (WLFI) is a decentralized finance protocol developed by its namesake company. secondary source source
Supply model
- Max. supply of 100,000,000,000 WLFI coins. secondary source source
Main uses today
- USD1 is a stablecoin issued by World Liberty Financial; announced in March 2025 as dollar-pegged and backed by U.S. treasuries, dollars, and other cash equivalents. secondary source source
Key milestones
- In May 2025, MGX announced it would use $2 billion worth of the USD1 stablecoin to finance a deal in crypto exchange Binance. secondary source source
Notable events and controversies
- The company has been subject of extensive reporting on conflict of interest stemming from Donald Trump's involvement. secondary source source
- Justin Sun invested $30 million into World Liberty shortly after Trump took office in 2025; an SEC investigation into him was subsequently dropped. secondary source source
Sources & studies
Last checked: 2026-11-04 · Prices, market caps and circulating supply are left out on purpose because they change by the minute. Educational, not financial advice.
Education only, not financial advice. No signals. Backtests are hypothetical: real trading can be worse. Past results don't predict future results.