World Liberty Financial to Sell $300 Million Worth of Tokens, Majority Outside the U.S.
World Liberty Financial, a decentralized finance (DeFi) project backed by former President Donald Trump and his sons, is gearing up for a massive token sale, with nearly 90% of the offering aimed at international markets. According to recent filings, only $30 million worth of tokens will be available to U.S. investors, while the remaining $270 million in tokens will be sold offshore, Bloomberg reported.
Despite being headquartered in Delaware, World Liberty Financial operates primarily out of Puerto Rico. The company has tokens valued at approximately $288.5 million ready for sale, but the vast majority of these will be offered to non-U.S. investors.
Limited U.S. Participation Due to Regulatory Challenges
World Liberty’s decision to cap U.S. token sales at $30 million is largely due to the regulatory challenges posed by the U.S. Securities and Exchange Commission (SEC). The SEC classifies many crypto tokens as securities, making it difficult for companies to leverage token sales as a fundraising tool. To navigate this, World Liberty is utilizing Regulation D, a legal exemption that allows for limited token sales to accredited U.S. investors.
Under Regulation D, companies can raise unlimited funds from accredited investors—those with a net worth of at least $1 million, excluding their primary residence. However, strict conditions apply, including the requirement to file a public notice outlining the details of the token offering, such as the total raised, the number of investors, and the principal officers involved.
As of October 15, World Liberty has raised $2.7 million from 348 U.S. investors through its token sales under Regulation D, according to official filings.
Trump’s Involvement and Global Token Sales
The token offering has gained attention due to the involvement of Donald Trump and his sons, Don Jr. and Eric. However, the company’s filing clarifies that their names are mentioned “for informational purposes” and do not confirm that they are formally promoting the sale. The Trumps have been vocal supporters of World Liberty’s mission to democratize access to financial services through DeFi technology, as part of their broader push to disrupt traditional finance.
In a September interview, World Liberty co-founder Zachary Folkman explained that international token sales would be conducted under Regulation S, an exemption that allows tokens to be sold to non-U.S. investors with fewer regulatory hurdles. Unlike Regulation D, which applies to U.S. sales, Regulation S is designed for foreign fundraising and is not bound by the same stringent requirements.
Expanding the DeFi Ecosystem
World Liberty’s token sale aligns with its mission to expand the reach of decentralized financial services on a global scale. The company seeks to empower users by providing greater access to financial products, particularly in regions with limited access to traditional banking services. By focusing the bulk of their token sales outside of the U.S., World Liberty is positioning itself to capture a broader, international market.
This token offering follows the launch of Donald Trump’s fourth collection of non-fungible tokens (NFTs), further showcasing the former president’s growing involvement in the digital asset space.
