World Liberty Financial crypto project, which has been promoted by Donald Trump, will launch a governance token, WLFI, team members said during a Spaces stream on X. WLFI will be non-transferable and won’t provide any economic rights, the team said. They said they only want token buyers who are seeking to be participants in governance, not those after an economic return. Some 63% of the token will be sold to the public, with 17% reserved for user rewards and 20% going to the team. As of now, the token will be sold only to accredited investors under what is known as a Regulation D exemption from the SEC. Regulation D exemptions allow companies to raise capital without registering securities with the SEC, primarily by offering securities to accredited investors.
