# World Liberty Financial

*Trump-Backed World Liberty Financial Launches KYC Verification*

By [aundingoya.eth](https://paragraph.com/@aundingoya.eth) · 2024-10-01

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World Liberty Financial, a DeFi project backed by the Trump family, has opened KYC verification on its website. On September 16, it announced the sale of a non-transferable governance token, WLFI, but participation is limited to accredited investors.

The project’s site experienced maintenance issues on launch day. According to their homepage, information is accessible only to those who complete the KYC process, which helps prevent fraud and money laundering.

In a Telegram update, the team stated that current regulations restrict participation to accredited U.S. investors and non-U.S. persons. They are advocating for broader access.

The Trump family first hinted at the project in August, and during a launch event on September 16, Donald Trump Jr. emphasized the goal: "I promised to Make America Great Again, this time with crypto!" The whitelist for eligibility is now open.

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*Originally published on [aundingoya.eth](https://paragraph.com/@aundingoya.eth/world-liberty-financial)*