Former president and current Republican candidate Donald Trump has confirmed the launch of World Liberty Financial, his new decentralized finance (DeFi) platform.
Speaking to his 91.1 million followers on social media platform X, Trump shares a link to the project’s KYC (know your customer) portal.
“I promised to make America great again, this time with crypto.
World Liberty Financial plans to help make America the crypto capital of the world! The whitelist of eligible people is officially open – this is your chance to be part of this historic moment.
Registration on the platform is only available to accredited investors in the United States and non-US residents. However, World Liberty says it is not “turning its back” on regular US investors.
“World Liberty Financial whitelists are now OPEN. Backed by Donald J. Trump, we will integrate the next wave of users into the future of finance…
Although these whitelists are currently open to U.S. accredited investors and all non-U.S. persons, we are not turning our backs on the average American. Our mission is to bring financial freedom to everyone, regardless of their origin or bank balance.
Due to outdated policies and regulations in the United States, one whitelist is limited to accredited U.S. investors and another to all non-U.S. persons. We are fighting for change so that all Americans can access World Liberty Financial and join the financial revolution.
We envision that all Americans will be able to use this platform in the future, giving everyone access to the tools and opportunities that have been restricted for far too long.
Earlier this month, the Trump family confirmed that there would be a token for the platform.
A spokesperson for the project said:
“Therefore, we plan to sell and distribute governance tokens called WLFI in the future. WLFI tokens are pure governance tokens, only offering the right to make proposals and vote on issues related to the platform…”
63% of WLFI tokens will be sold to the public, 17% will be allocated to user rewards, and 20% will be reserved for team compensation.
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