Former U.S. President Donald Trump has announced the opening of the whitelist for the World Liberty Financial (WLF) project, a new decentralized finance (DeFi) platform. In a post on social media platform X (formerly Twitter), Trump stated, “Planning to help make America the crypto capital of the world! The whitelist for eligible persons is officially open – this is your chance to be part of this historic moment.”
The WLF project has officially opened its Know Your Customer (KYC) verification for the sale of the WLFI governance token, with plans to launch its own token soon. Spearheaded by Trump, the WLF project is positioned as a revolutionary initiative aiming to promote financial freedom and decentralization for all.
Whitelist Open to Accredited U.S. and Non-U.S. Investors
The whitelist is currently open to accredited U.S. investors and non-U.S. persons, though it excludes U.S. retail investors due to regulatory restrictions. Despite these limitations, WLF asserts that its broader mission is to ensure financial access for everyone, stating, “We are not turning our backs on the everyday American. Our mission is to bring financial freedom to everyone, no matter their background or bank balance.”
The platform’s stance highlights the ongoing regulatory challenges in the U.S. that limit the participation of retail investors in DeFi projects, a key hurdle in achieving widespread adoption. WLF acknowledges these constraints, emphasizing its goal of advocating for regulatory changes to allow all Americans to participate in the financial revolution.
WLF’s Advocacy for Financial Inclusion
WLF is using the language of financial inclusion, aiming to challenge outdated financial policies that restrict everyday Americans from fully engaging in the DeFi space. “Due to outdated policies and regulations in the U.S., one whitelist is limited to accredited U.S. investors and another for all non-U.S. persons. We’re fighting for changes so all Americans can access World Liberty Financial and join the financial revolution,” the project stated.
2024 U.S. Elections Looming
Trump’s involvement in WLF comes amid his ongoing campaign for the 2024 U.S. presidential elections, where he faces Vice President Kamala Harris as a key opponent. While Harris currently leads in the polls following the latest televised debate, the elections are set for November 5.
Trump’s support for WLF seems to be part of a larger strategy to connect with diverse segments of the U.S. public, particularly the fast-growing crypto and blockchain communities. Over recent months, Trump has increased his appearances on alternative media platforms and podcasts, actively courting crypto supporters. As the WLF whitelist opens, the platform positions itself as a leader in both financial innovation and regulatory reform.
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