Trump’s World Liberty to Mainly Sell Digital Tokens to Investors Outside the US

World Liberty to stop US sales once they reach $30 million
DeFi project has said token offering would raise $300 million

Donald Trump
Photographer: Eric Thayer/Bloomberg

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By Miles Weiss, Olga Kharif, and Zeke Faux

November 1, 2024 at 6:49 PM UTC

This article is for subscribers only.

World Liberty Financial, the crypto project being promoted by former President Donald Trump, disclosed that its $300 million offering of tokens is primarily being marketed offshore, with fewer than 350 US investors buying the digital asset so far.

Based in Wilmington, Delaware, but run from Puerto Rico, World Liberty filed a notice with American regulators this week on the offering, stating that it “currently only plans” to sell $30 million of tokens in the US. After reaching the $30 million threshold, World Liberty will terminate the US offering, even though the company has some $288.5 million of tokens available for sale, according to the document.