Trump company plans to take the token WLFI to corporate treasury
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According to Bloomberg, you are still in the stage of private negotiations.
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Thus, World Liberty Financial would join the tendency of cryptocurrency treasures.
World Liberty Financial, the Decentralized Finance Project (DEFI) linked to President Donald Trump and his family, would be preparing the creation of a stock exchange company whose objective would be the accumulation of Token World Liberty (WLFI).
The plan includes a collection of 1.5 billion dollars and is in the stage of private negotiations.
People close to the operation indicated that the final scheme is not yet defined. However, large investors in the cryptocurrency and technological sector have been contacted to participate, reports Bloomberg.
If specified, the initiative would add World Liberty Financial to the Trend of companies that incorporate digital assets in their treasury as part of its capital strategy.
WLFI is the Native Token of World Liberty Financial and is not classified as value by the United States Stock Exchange and Securities Commission (SEC), which implies that it is not subject to the same level of supervision as traditional financial instruments.
On July 17, the platform users approved to initiate the formal merchantability of the Token, Cryptonoticias reported. With this, WLFI can be negotiated in cryptocurrency exchanges. The approved proposal states that the asset is transferable, which will expand access to governance and allow the community to participate in voting on emissions, incentives for the ecosystem and treasury decisions.
The project aims to use the new corporate structure to support WLFI’s accumulation and management, which would include strategic investment actions and a broader framework for public administration. Thus, the creation of a company listed in the stock market would allow access to institutional capitals and open the door to traditional financing mechanisms.
