WLFI Sells 5.9B Tokens to Private Buyers, Early Holders Locked

World Liberty Financial transferred 5.9 billion WLFI tokens to undisclosed private investors following two public fundraising rounds that raised more than $550 million, governance filings show. The sales were conducted as private “white glove” transactions with accredited investors. WLFI confirmed the private allocations in filings but did not identify the buyers or specify how the proceeds were used.

Investor disclosures and token schedules show that buyers who purchased WLFI during public rounds at prices as low as $0.05 are unable to access roughly 80% of their holdings as of May 2026. The private buyers received tokens under separate distribution terms that were not shared with the broader investor base. Market data indicate the token’s price fell sharply after the private sale became known.

WLFI’s governance records show a near-unanimous vote to unlock 62 billion additional tokens. The unlock is scheduled to take effect after President Trump’s current term ends, according to the token schedule. Voting records and the timing of the unlock are included in the public governance materials.

Earlier arrangements show WLFI used 5 billion of its own tokens as collateral to borrow $75 million from Dolomite, a trading and lending platform co-founded by one of the project’s advisers. Filings and community disclosures link the adviser to Dolomite and document the collateralized loan.

Under WLFI’s token structure, 75% of token proceeds are allocated to the Trump family. WLFI lists the Trump family and the Witkoff family as co-founders. Senator Bernie Sanders has asserted that the Trump family made $4 billion from the presidency, with $3 billion attributed to crypto ventures, and he has cited WLFI among related projects.

WLFI has not disclosed the identities of the private buyers or provided a public accounting of how the private sale proceeds were used. Early investors and community members have requested full token schedules, the terms of the private deals and accounting for the funds. On-chain records and company filings offer partial visibility into token movements and lockup timelines but do not show specific deal terms or final destinations for the proceeds.