World Liberty Financial attracts over 100K U.S. investors ahead of token presale

Crypto project World Liberty Financial, backed by the Trump family, announced in an X spaces event that over 100,000 accredited U.S. investors have been whitelisted for the presale of its WLFI token. This presale, as reported by CoinDesk, aims to raise $300 million at a $1.5 billion valuation and is scheduled to start in the morning hours of Oct. 15, just three weeks before the U.S. presidential election. Founders Zachary Folkman and Chase Herro explained that the platform will enable users to borrow and lend cryptocurrencies, create liquidity pools and handle transactions with stablecoins.