World Liberty Financial

Uncommon card · No. 86591

World Liberty Financial (WLFI) is a decentralized finance protocol developed by its namesake company. It was founded in 2024 by Zachary Folkman, Chase Herro, Alex Witkoff, Zach Witkoff, and Trump family members. It is a business venture of the Trump family. The Trump family receives 75% of net proceeds when WLFI sells tokens, as well as gets a cut of stablecoin profits. By December 2025, the Trumps had profited $1 billion on proceeds, while holding $3 billion worth of unsold tokens. The company has been subject of extensive reporting on conflict of interest stemming from Donald Trump's involvement, including secret deals with foreign entities and businesspeople who had previously been under criminal investigation or convicted. One of World Liberty's few publicly known investors is crypto billionaire Justin Sun; shortly after Trump took office in 2025, Sun invested $30 million into World Liberty and an SEC investigation into him was subsequently dropped. In 2025, President Trump pardoned...

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