WLFI Denies Rumors of Acquiring a Stake in Binance.US
Date: 2025-03-17 Author: Henry Casey Categories: BUSINESS
In a statement, WLFI emphasized that publications in WSJ, Bloomberg, and several other publications are politicized and reflect a disturbing trend of biased coverage of events directed against the cryptocurrency sector.
On March 13, WSJ and Bloomberg reported that WLFI and the Trump family were considering investing in the American division of Binance. According to the media, the negotiations are allegedly related to the exchange's attempts to resolve issues with the US authorities and resume operations in the country.
However, Binance founder Changpeng Zhao (CZ) soon denied these statements. He noted that journalists contacted many people asking for confirmation of the information, and more than 20 people informed him personally about such requests. CZ called the WSJ publication politically motivated.
WLFI also noted in its statement that the company continues to collaborate with leading organizations promoting blockchain technologies.
Earlier, WLFI successfully completed the second stage of its token sale, bringing the total amount of funds raised to $590 million.
