Insider: Trump Crypto Project WLFI Invites Blockchain Project for 'Token Swap' Transaction

BlockBeats News, February 3rd. According to sources quoted by Blockworks, the Trump-backed cryptocurrency project World Liberty Financial has been in talks with blockchain projects, inviting them to participate in a "token swap" transaction.

A representative of World Liberty Financial has proposed to blockchain teams: to purchase unreleased WLFI tokens at a price of $10 million and pay a 10% fee. In return, World Liberty Financial will purchase an equivalent amount of the blockchain's native tokens.

The representative of World Liberty Financial stated that the WLFI tokens will be transferred at a fully diluted valuation (FDV) of $15 billion.

The source also stated that the World Liberty Financial platform is expected to launch in the third quarter of this year with an FDV of $15 billion. The source emphasized that no vesting period should be set for any tokens, and the minimum purchase amount for token swap cooperation is $10 million.