WLFI, the token of the Trump family's World Liberty Financial, falls 25% to about $0.21 on its first day of trading, giving it a market cap of around $6B (Nikou Asgari/Financial Times)

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Nikou Asgari / Financial Times:
WLFI, the token of the Trump family's World Liberty Financial, falls 25% to about $0.21 on its first day of trading, giving it a market cap of around $6B  —  WLFI tokens in circulation have a total nominal value of $6.4bn  —  The crypto token of a project backed by US President Donald Trump fell on its first day of trading on Monday.

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