Trump-linked World Liberty Financial is weighing a $1.5 billion Nasdaq-listed treasury company to hold WLFI tokens. World Liberty Financial, the Trump family-backed crypto venture, is exploring the creation of a publicly traded company to hold its WLFI tokens, with a fundraising target of roughly $1.5 billion. The structure of the deal is still being finalized, but major investors in technology and crypto have been approached, and discussions are said to be progressing quickly, according to a Friday report from Bloomberg. The move would place World Liberty among a growing wave of digital-asset treasury companies, which are publicly traded firms holding crypto reserves. These companies have raised an estimated $79 billion in 2025 for Bitcoin purchases alone, per the report. Read more
World Liberty Financial reportedly sent a letter after the company behind Donald Trump’s memecoin and Magic Eden announced plans to launch an “official $TRUMP wallet.” World Liberty Financial (WLFI), the cryptocurrency platform backed by US President Donald Trump and members of his family, has reportedly issued a cease-and-desist letter to the company responsible for creating a Bitcoin wallet tied to the president’s brand. According to a June 5 Bloomberg report, WLFI sent the letter to Fight Fight Fight LLC, the company that owns Gettrumpmemes.com and is behind issuing the TRUMP memecoin. The cease-and-desist notice was reportedly issued after the non-fungible token marketplace Magic Eden and the team behind the memecoin revealed a waitlist for a crypto wallet featuring Trump’s name. Donald Trump Jr., the president’s eldest son and a “Web3 ambassador” for WLFI, said on June 3 that the Trump Organization had “zero involvement” with the crypto wallet project, announcing that the group was planning its own launc...