Bloomberg revealed that the Trump-family crypto venture sold 5.9 billion additional WLFI tokens privately while early investors remain locked out of 80% of their holdings and the token trades at all-time lows.
Posted May 4, 2026 at 6:42 am EST.
World Liberty Financial, the crypto venture backed by President Donald Trump and his family, quietly sold an additional 5.9 billion WLFI tokens to private accredited investors in deals worth hundreds of millions of dollars, Bloomberg reported Thursday. The sales came on top of the more than $550 million the project had already raised from earlier token offerings.
Under World Liberty’s own disclosures, DT Marks DEFI LLC, an entity affiliated with Trump and certain family members, is entitled to receive 75% of WLFI token sale proceeds after agreed reserves and expenses. DT Marks and Trump family members also hold 22.5 billion WLFI tokens directly. The project declined to say who received the money from the additional sales. The White House said Trump is not involved in managing the ventures and that his assets are held in a trust managed by his children.
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Buyers who purchased tokens at prices as low as $0.05 were allowed to sell 20% of their holdings last year but cannot access the rest. Unlike most token sales, World Liberty never provided an unlocking schedule. WLFI traded below $0.06 this week to new all-time lows, down roughly 89% from its peak. “It is surreal to have the Trump family not only profiting off this financial venture that features glaring conflicts of interest but doing so in a way that blocks other investors from sharing in the gains,” said Eswar Prasad, a professor at Cornell University.
The project’s highest-profile external backer has taken legal action. Justin Sun, founder of the Tron blockchain, sued World Liberty in April in San Francisco federal court, alleging the venture froze his roughly $75 million WLFI stake, stripped his governance rights, and threatened to burn his tokens to coerce further investment. WLFI co-founders have called the claims “meritless.”
Separately, World Liberty deposited 5 billion WLFI into Dolomite, a decentralized lending protocol whose co-founder holds an advisory role at the project, and borrowed roughly $75 million in stablecoins. Critics say the structure may allow insiders to convert holdings to cash while other investors wait for an unlock that could be years away. Alt5 Sigma, a Nasdaq-listed company that raised $1.5 billion to accumulate WLFI tokens, announced a pivot to artificial intelligence amid the downturn.
