World Liberty Financial: What You Need to Know About Trump’s Crypto Platform

Sep 23, 2024 10:19 AMPublished Sep 23, 2024 10:19 AM

Donald Trump has launched World Liberty Financial, a new crypto platform led by his sons, Donald Jr. and Eric Trump. The WLFI token will facilitate crypto borrowing, lending, and investing. It's a governance-only token with no financial rights, and is available only to accredited U.S. investors. 70% of tokens are reserved for founders and service providers, while 30% is for public sale. Barron Trump is the “DeFi visionary” for the project. Trump, who previously criticized cryptocurrencies, now aims to make the U.S. a crypto leader. The launch faced a brief setback due to a hacking incident involving family members’ social media accounts.

www.thestreet.comWorld Liberty Financial: What You Need to Know About Trump’s Crypto PlatformDonald Trump has launched World Liberty Financial, a new crypto platform led by his sons, Donald Jr. and Eric Trump. The WLFI token will facilitate crypto borrowing, lending, and investing. It's a governance-only token with no financial rights, and is available only to accredited U.S. investors. 70% of tokens are reserved for founders and service providers, while 30% is for public sale. Barron Trump is the “DeFi visionary” for the project. Trump, who previously criticized cryptocurrencies, now aims to make the U.S. a crypto leader. The launch faced a brief setback due to a hacking incident involving family members’ social media accounts.

Decentralized Finance •Defi •Trump

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