Trump-Backed World Liberty’s $1.5B Crypto Holding Company
World Liberty Capital, affiliated with former President Donald Trump, filed an S-1 with the U.S. Securities and Exchange Commission to launch a $1.5 billion crypto holding company via an initial public offering. The firm is positioning this crypto holding company as a listed acquisition vehicle to consolidate digital asset firms. It plans to raise up to $300 million by selling 15 million units at $19–$21 each; each unit includes one share of Class A common stock and half a warrant exercisable at $24 per share. Proceeds will fund acquisitions and investments in blockchain startups, digital asset platforms and fintech companies. The SPAC-style vehicle, led by WLC’s digital asset division, targets growth-stage firms and yield-bearing assets. Lead underwriters include B. Riley Securities and H.C. Wainwright & Co. This marks the Trump family’s latest foray into cryptocurrency, potentially signalling increased institutional interest in the market.
Bullish
The launch of a $1.5 billion SPAC-style crypto holding company by a prominent political figure underscores growing institutional appetite for digital assets. Historically, high-profile backers have driven investor confidence—as seen with recent SPACs targeting blockchain and fintech sectors—creating positive short-term price momentum. In the long term, successful acquisitions and yield-bearing investments could enhance market liquidity and adoption. However, execution risks and regulatory scrutiny remain. Overall, this development is likely to fuel bullish sentiment by signalling fresh capital inflows and increased mainstream validation of the crypto space.