Trump Family-Backed WLFI Valued at $5.6 Billion: Tech Innovation Questions Remain

World Liberty Financial (WLFI), a crypto project linked to the Trump family, has secured a $5.6 billion valuation despite concerns about its technological advancement. Driven by significant insider allocations and governance utility tokens, WLFI’s valuation sparked scrutiny from market observers. However, limited on-chain impact beyond existing DeFi primitives raises questions about the project’s future in the decentralized finance (DeFi) space.