World Liberty Financial dey plan $1.5B Nasdaq Treasury Company for WLFI Token
World Liberty Financial, wey Trump family dey support and dem launch am last year wit Donald Trump as honorary co-founder, dey plan make dem list am for Nasdaq through one $1.5B SPAC-like treasury company wey go hold their WLFI token. Dem base am on MicroStrategy Bitcoin holding style. Di company don jam big tech and crypto funds join body, dem want join di public crypto treasury company dem wey raise about $79B for Bitcoin buy for 2025. Di company raise $550M from two WLFI token sales, dey run one dollar-backed USD1 stablecoin and plan crypto lending app. Trump 2025 filing show say e get 15.75B WLFI governance tokens and e collect $57.4M from token sales. Some key backers na Tron founder Justin Sun ($30M for 2B WLFI tokens) and Web3Port ($10M).
Bullish
Dis news good for WLFI token. To set up $1.5B treasury company wey dey listed for Nasdaq mean say institution people dey support WLFI token plus demand dey increase, just like MicroStrategy style, fit make price go up small short-term as people dey speculate. Long-term, to run stablecoin and crypto lending app, plus big investors, fit make liquidity and adoption better, help price stability and growth. But, risk still dey for token dilution and regulator wahala.