Donald Trump and his family launched World Liberty Financial, a new crypto project. WLFI aims to provide a decentralized banking platform where users can borrow, lend, and invest in crypto. The token allocation includes 20% for the founding team, 17% for user rewards, and 63% for public sale. Trump’s shift towards crypto was influenced by his children and his NFT sales. The project aligns with Trump’s growing involvement in the crypto industry, but some worry it could harm his rapport with crypto supporters.
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00:00It's Benzinga, and here's what's on the block.
00:02Donald Trump and his family launched World Liberty Financial, a new crypto project.
00:07WLFI aims to provide a decentralized banking platform where users can borrow, lend and
00:12invest in crypto.
00:14The token allocation includes 20% for the founding team, 17% for user rewards, and 63%
00:20for public sale.
00:22Trump's shift toward crypto was influenced by his children and his NFT sales.
00:26The project aligns with Trump's growing involvement in the crypto industry, but some worry it
00:30could harm his rapport with crypto supporters.
00:32For all things money, visit Benzinga.com.