World Liberty Financial sells 5.9 billion tokens while 80 percent of investor holdings remain locked According to Bloomberg, about 80 percent of early investor holdings in World Liberty Financial remain locked, leaving investors unable to exit.
World Liberty Financial sells 5.9 billion tokens while 80 percent of investor holdings remain locked According to Bloomberg, about 80 percent of early investor holdings in World Liberty Financial remain locked, leaving investors unable to exit. The project also sold an additional 5.9 billion WLFI tokens to accredited private investors after raising more than 550 million dollars across two funding rounds, with the tokens believed to be sourced from internal allocations and much of the proceeds directed to founder affiliated entities.
A proposed governance change could extend the lockup to at least two years with gradual unlocking thereafter. — link