World Liberty Financial WLFI Token Debuts With $7B Market Cap

World Liberty Financial WLFI token is now live and tradeable, with just over 24 billion tokens in circulation. Major exchanges, such as Binance, have already listed the token, with early investors moving their tokens to secure profits, having bought them at a discounted price during the presale.

World Liberty Financial WLFI Token Goes Live

In an X post, the DeFi project confirmed that its governance token is now live, allowing holders to claim and trade their tokens on crypto exchanges. World Liberty Financial also stated that holders can move their tokens across chains using the official Chainlink CCIP bridge.

Meanwhile, in a blog post, the project revealed that there will be just over 24.66 billion WLFI tokens in circulation at launch. Based on this, the token currently boasts a market cap of $7.40 billion and ranks as the 23rd largest crypto by market cap, according to CoinMarketCap data.

Furthermore, the token has a fully diluted market cap of $30 billion based on its total supply of 100 billion tokens. TradingView data shows that the token is currently trading at around $0.3.

It is worth noting that the WLFI token has already secured listings on top cryptocurrency exchanges, including Binance, Kraken, HTX, and MEXC. Other exchanges, such as Coinbase, have also announced plans to list the token.

According to on-chain analytics platform Lookonchain, three wallets claimed 60 million, 53 million, and 46 million tokens, respectively, and sent them to the top crypto exchange Binance. This came as the platform revealed that many presale participants are sending their tokens to exchanges after claiming them, as they look to secure profits.

Breakdown of The Token’s Circulating Supply

According to the World Liberty Financial team, 10 billion WLFI tokens in circulation is the unlocked ecosystem portion. Furthermore, Alt5 Sigma Corporation owns 7.78 billion tokens (8% of the total supply) as part of its treasury strategy.

2.88 billion tokens are set aside for liquidity and marketing purposes to support the initial exchange offering, while presale participants received 4 billion tokens, representing their intial 20% unlock at launch.

Commenting on the WLFI token launch, Eric Trump, co-founder of World Liberty Financial, stated that they are setting a new standard for financial freedom with this move, one built on trust, speed, and U.S. values. He added that this is a huge moment for the future of money.