When will the token supported by Trump be available for sale? What is World Liberty Financial (WLFI) and how can it be purchased?

The former President of the United States, Donald Trump, has announced a date for the token sale of the DeFi project he supports. The announcement made via Twitter has excited token investors. So, when will the token supported by Trump go on sale? What is World Liberty Financial (WLFI) and how can it be purchased? Here are all the details...

When will World Liberty Financial go on sale, and how can it be purchased?

World Liberty Financial announced in a post on Twitter (also known as X) last week that the public sale of the tokens will begin on Tuesday, October 15.

Potential customers have been able to apply for the whitelist since September. Currently, World Liberty Financial will only be open to accredited investors in the United States. This means that, according to the SEC, only those with a net worth of at least $1 million, either individually or working with a partner, will be able to own tokens.

The U.S. regulatory body emphasized that accredited investors must also have an annual income of at least $200,000 for the past two years or $300,000 together with a spouse or partner, indicating that the salary trend will continue in the current year as well. The ultimate goal of the project is to be open to all Americans.

What is World Liberty Financial (WLFI)?

World Liberty Financial is a decentralized finance (DeFi) project based on Ethereum, first announced by Donald Trump's son, Eric, in August.

The team behind the project stated in a special interview last month that the project will provide cryptocurrency lending and borrowing services.

Meanwhile, Republican candidate Donald Trump has clearly emerged as a crypto-friendly candidate ahead of the U.S. presidential elections in November.