Trump’s World Liberty Crypto Project Targets Offshore Markets, Limits US Token Offering To Just $30M
Posted On November 2, 2024
Donald Trump supported decentralized finance protocol World Liberty Financial is reportedly marketing its $300 million offering of tokens primarily offshore.
What Happened: World Liberty currently plans to sell only $30 million of tokens in the U.S., according to a Bloomberg report, which cited a filing with the U.S. Securities and Exchange Commission (SEC.)
Once it touches the $30 million threshold, World Liberty will terminate the U.S. offering despite having tokens worth about $288.5 million available for sale, the report said, …