News Formal

Trump's Crypto Business Slashes Fundraise Goal by 90% After Lackluster Sales

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Danny is CoinDesk's Managing Editor for Data & Tokens. He owns BTC, ETH and SOL.

Donald Trump's crypto business World Liberty Financial slashed its fundraising goal after sales of its WLFI token fell dramatically short of the initial target, according to a regulatory filing.

The change raises the possibility that former President Trump – who is running for election next week – may not quickly see any big payday from World Liberty Financial. At press time, World Liberty's website reflected the old sales target of $300 million. The company sold just under 1 billion of the 20 billion WLFI tokens available. It sold them at a valuation of $1.5 billion. But sold tokens remain frozen until further notice, meaning no one who bought WLFI can cash out on secondary markets.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 291. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Crypto Exchange Market Share Shifts as Binance Loses Ground to Crypto.comCrypto Blog
Källa: Crypto_Potato - 🏆 568. / 51 Läs mer »

Crypto Market Rebounds Despite SEC’s XRP Appeal as Crypto All-Stars ICO Continues to GrowCrypto Blog
Källa: Crypto_Potato - 🏆 568. / 51 Läs mer »