In the early morning of November 26, Justin Sun posted an announcement on his personal X page about his investment in the Trump family's WLFI project.
It is known that Justin Sun has invested more than $30 million in the Trump family's project, becoming the largest investor in the WLFI project. Sun also expressed his gratitude for Donald Trump's efforts in making America a blockchain superpower, opening up many new investment opportunities.
Previously, the Trump family's WLFI project had launched a presale of its tokens, but it did not generate satisfactory revenue.
According to dune analytics, the Governance Token of World Liberty Financial has generated revenue of $14.8 million since its launch on October 15, with $10 million recorded on the first day. This figure is still far from the $300 million target that this DeFi project had hoped to raise.
In a filing submitted to the U.S. Securities and Exchange Commission (SEC) last week, the project stated that they currently only aim to raise $30 million before ending the Token Sale. The filing shows that there have been 348 investors participating, and $2.7 million worth of Tokens have been sold, mainly to accredited investors in the U.S. (while the Tokens have also been made available to a wider group of non-U.S. investors).
On-chain data shows that WLFI has nearly 19,000 Token holders in a total of over 22,000 transactions, assuming that all are buy transactions as the Tokens are not yet transferable (at least within one year after the end of the sale).
