World Liberty Financial, linked to the Trump family, is seeking $1.5 billion from investors for a public company to hold its WLFI tokens. The deal structure is still being discussed with tech and crypto investors, according to Bloomberg. The firm previously announced plans for a crypto-lending app and currently issues a dollar-backed stablecoin. WLFI tokens, initially non-transferable governance assets, are expected to become tradable. Trump recently signed an executive order allowing 401(k) retirement plans to invest in alternative assets like cryptocurrency. World Liberty Financial would join other crypto treasury firms in accumulating various tokens.

Read more at Yahoo Finance: Trump-Linked World Liberty Seeks $1.5B for Public Crypto Holding Firm: Bloomberg