According to Bloomberg, after the Donald Trump family-related crypto project World Liberty Financial completed two rounds of fundraising and raised more than $550 million, it further sold approximately 5.9 billion WLFI tokens (from allocations to the founders, the team, and partners) to qualified private investors; the transaction size reached hundreds of millions of dollars, and most of the funds flowed to entities related to the founders. Meanwhile, about 80% of early investors’ holdings remain locked, and they plan to extend the lock-up period to at least two years through governance proposals and unlock it in stages.