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World Liberty Financial co-founder: WLFI has no VC support and is not yet open for trading
2025-02-19 05:45

Odaily News Zak Folkman, co-founder of World Liberty Financial, responded to the question "Is the WLFI token sale a failure?" at Consensus Hong Kong 2025 and said that the amount of public offering is not very important. It is more of a marketing behavior to build a connection with the community.
World Liberty Financial had no VC support from day one, and retail investors were initially concerned about whether the project's valuation and fundraising target were reasonable, but soon reached milestones. (Odaily Planet Daily Note: According to the official website, WLFI has sold 24.3 billion pieces, at a unit price of $0.05, raising more than $1.2 billion.)
Zak also said that WLFI is both a governance coin and has utility. It is not yet open for trading (swap), so don’t believe in unofficial news.