What to know:
- World Liberty Financial is reportedly in a high-stakes game of Monopoly, seeking to raise a staggering $1.5 billion from investors who may or may not be wearing top hats.
- The funds are earmarked for a public company that will hold WLFI tokens, which are expected to become as tradable as Pokémon cards at a nerd convention.
- This audacious move would catapult World Liberty Financial into the crypto treasury league, just as Trump decides to sprinkle some pro-crypto fairy dust on 401(k) plans, allowing them to invest in cryptocurrency. Because why not? 🎩✨
World Liberty Financial, the decentralized finance platform that seems to have a family tree with Trump roots, is reportedly chatting with investors who have wallets so deep they could rival the Mariana Trench, all in pursuit of a cool $1.5 billion for a public company that will cradle its WLFI tokens like a mother hen. 🐔💰
According to Bloomberg, the deal’s structure is still being debated, much like whether pineapple belongs on pizza. The company has approached investors in the tech and crypto realms, who are probably just as confused as the rest of us about what’s happening. 🤔
Last year, the firm unveiled plans for a crypto-lending app, which sounds like a great idea until you realize it’s just a fancy way to say, “We’ll lend you money, but only if you give us your firstborn.” They also issue USD1, a dollar-backed stablecoin that was used to facilitate MGX’s $2 billion investment in Binance. Because who doesn’t want to throw around billions like confetti? 🎉
WLFI tokens, which were initially launched as non-transferable governance assets (a.k.a. “You can’t have them, so there!”), are now expected to become as tradable as your grandma’s secret cookie recipe.
This bold move would see World Liberty Financial join the ranks of cryptocurrency treasury firms, which are busy issuing debt and equity like they’re handing out candy on Halloween, all in a quest to accumulate millions worth of various tokens. WLFI itself already boasts a diversified token portfolio that would make any investment advisor weep with joy.
In a stunning twist of fate, Trump has embraced a plethora of pro-crypto policies, having just this week signed an executive order that allows 401(k) retirement plans to invest in alternative assets, including private equity and cryptocurrency. Because if there’s one thing we need, it’s more ways to gamble our retirement savings! 🎲💸
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2025-08-09 17:41