The Big Day for World Liberty Financial
The much-anticipated day has finally come for US President Donald Trump and his family’s cryptocurrency initiative, World Liberty Financial.
Today marks the launch of the Trump-affiliated altcoin World Liberty Financial (WLFI).
As part of this launch, 20% of the shares held by early-stage WLFI investors will be unlocked globally today at 15:00 CET.
Futures for World Liberty Financial, which is set to be listed on various exchanges, including Binance, were opened for trading last week.
As previously reported, WLFI futures began trading at approximately $0.40 on major exchanges last week.
With spot trading for WLFI on the horizon, futures and derivatives investors have initiated a significant push. According to data from Coinglass, the trading volume for WLFI futures and derivatives surged by over 400% to $3.13 billion as of Sunday afternoon, while open interest rose by more than 50% to $760 million.
While Binance took the lead in WLFI futures trading volume, it accounted for half of the overall WLFI trading activity.
WLFI will be listed on multiple exchanges today, including Binance, which has announced it will list WLFI at 4:00 PM Turkish time under the “Seed Tag,” indicating high-risk tokens.
In addition to Binance, South Korea’s largest cryptocurrency exchanges, Bithumb and Upbit, have also confirmed that they will list WLFI and its stablecoin, World Liberty Financial USD (USD1).
Exchanges such as Kraken, KuCoin, and HTX have also stated that they will list the Trump-backed WLFI.
Lastly, the WLFI team mentioned that early investors will have the opportunity to unlock 20% of the tokens they purchased at $0.015 and $0.05, which can be claimed via a “Lockbox” transaction. At current prices, this amounts to roughly a 20x return for investors in the $0.015 round.
This is not investment advice!
