he Defi Crypt project World Liberty Financial, that I backed by Donald Trump is said to cap its token sales in the United States at $30 million. Furthermore the project will be Registered in Delaware, but having its office in Puerto Rico, the company has informed the US authorities of this restriction.
Global Sales Focus
It is recorder that the Total available tokens will be $288.5 million and about 90% of sales will be done internationally. At the moment, just over 350 US investors have bought tokens.
Regulatory Compliance
The company makes its sales in the US under Regulation D, which permits sales to affluent individuals and organizations. They have to qualify certain requirements such as a minimum net worth of one million dollars. By October 15, the company has been able to accumulate $2.7 million from 348 number of investors from US only.
Trump Family Involvement
However it is important to note that in the filings, Trump and his sons Don Jr. and Eric are also listed, though the company states this is for “purposes of information only.” It also compliments their agenda of the Decentralized Finance, DeFi of making financial services more accessible to people.
International Strategy
For non-US sales, World Liberty intends to rely on Regulation S that has less conditions but permits resales to only foreign persons.
World Liberty’s Global Crypto Plan
Recommendations of World Liberty Financial indicate a diversified and cautious approach in approach to US laws and majority tokens distribution in international markets as a result of the legal challenges involved in fundraising in the crypto market.
