Trump family-backed WLFI token surges 23% ahead of Mar-a-Lago crypto forum

Trump family-backed WLFI token surges 23% ahead of Mar-a-Lago crypto forum

Although US President Donald Trump was not slated to appear at today’s event, it will include two senators, the CFTC chair, and industry leaders.

Lawmakers, Wall Street executives, and cryptocurrency leaders will meet at US President Donald Trump’s private Mar-a-Lago club for a crypto “forum” organized by World Liberty Financial, the company backed by Trump and his sons.

Ahead of the event, the price of World Liberty’s WLFI token surged by more than 23%, to about $0.12 from $0.10. Trading volume in the past 24 hours topped $466 million.

On Wednesday, the president’s sons, Eric Trump and Donald Trump Jr. — also the co-founders of World Liberty Financial — along with Coinbase CEO Brian Armstrong, BitGo co-founder and CEO Mike Belshe, CFTC Chair Michael Selig and others will gather to discuss crypto-related policy issues at Trump’s Florida property.

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