Republican presidential candidate Donald Trump yesterday officially launched World Liberty Financial, his long-awaited crypto project, CoinDesk has reported.
In a recently released promotional video, Trump expressed his enthusiasm for embracing the future of cryptocurrencies and leaving traditional big banks behind.
In a virtual live event hosted by cryptocurrency personality Farokh on X, Trump shared that his interest in the world of cryptocurrencies began with his NFT projects.
Trump, who has earned more than $7 million from his NFT collections, was initially not very interested in cryptocurrencies, but was surprised by their widespread use and potential.
Folkman announced the company will sell a non-transferable governance token, WLFI. Participation in WLFI will be restricted to accredited investors.