WLFI’s $550 Million Surge Hands Donald Trump a $390 Million Payday

Initially, the project struggled to attract buyers. When WLFI launched token sales in October 2024, only $15 million worth of WLFI tokens had been sold—far short of its $300 million goal. However, interest grew over time, which allowed the project to surpass half a billion in sales.

The company completed its second round of token sales on March 17, which brought total revenue from WLFI, its governance token, to $550 million.

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According to the project's financial documents, President Trump and his partners receive 75% of net revenue after expenses, which includes earnings from token sales.

Out of the total raised, $30 million has been set aside for operational costs and other obligations. The remaining amount is then divided, with President Trump’s group receiving the majority share. The project’s documents specify that his compensation is for occasional promotions and the use of his name and image.

It is unclear who else benefits from these payments. The Securities and Exchange Commission (SEC) filings show that DT Marks DEFI LLC, the entity tied to President Trump in this agreement, operates from the same address as his company’s offices in Florida.

Meanwhile, buyers of President Trump's official merchandise or digital collectibles can claim the Official Trump (TRUMP) token giveaway. What did the team behind the project say about it? Read the full story.