PANews reported on April 26 that according to Cointelegraph, World Liberty Financial (WLFI), a crypto project backed by the Trump family, is still facing shrinking portfolios and limited liquidity after completing two rounds of token sales totaling US$550 million. WLFI was launched in September 2024 and raised funds mainly through the sale of non-transferable WLFI tokens. Despite holding assets such as Wrapped Bitcoin (WBTC), Ethereum (ETH) and Avalanche (AVAX), some investments, such as Movement (MOVE) and Mantle (MNT), suffered substantial losses. As of April 24, investments in MNT, MOVE, ONDO and ETH all suffered double-digit losses, MOVE suffered a heavy blow, and WLFI's total investment value fell by more than 50%, with investment losses of approximately US$2.1 million.
In addition, WLFI’s close ties with the Trump administration have raised widespread questions about conflicts of interest and market manipulation, and issues of project transparency and compliance have also received continued attention.
