New Trump Crypto Details Emerge

The mysterious Trump crypto project is inching closer to revealing itself.

“For too long, the average American has been squeezed by the big banks and financial elites. It’s time we take a stand together.”

That was the message from Trump via his Truth Social account, where he shared a link to a Telegram group operated by his sons, Eric and Don Jr.,

Source: X

Previously named “The DeFiant Ones” (DeFi), yesterday the Telegram group managed by Donald Trump’s sons, was renamed to World Liberty Financial, and linked to an X account under the handle @worldlibertyfi. This account, labeled WLFI, has sparked speculation on social media that it might also be linked to a new Trump crypto project.

Source: X

“Please be wary of scams and counterfeit tokens claiming ties with ‘Defiant Ones,’ ‘World Liberty,’ or similar,” warned the Telegram channel run by Don Jr. and Eric Trump. “Avoid interacting with these tokens! For your safety, remember that all genuine updates will be posted directly here by our trusted team. If it’s not from us, it’s not genuine. To stay informed and secure, ensure you follow our official Twitter account! Remain alert and safeguard your investments!”

The official World Liberty Financial Telegram channel also hinted at upcoming major announcements.

“We are preparing for significant updates and exciting developments,” the message stated. “Join us as we revolutionize decentralized finance. You won’t want to miss what’s next!”

“We’re transforming finance for the better by empowering you directly. This new DeFi platform will eliminate corrupt, costly, and inefficient intermediaries. No more bureaucrats controlling your destiny. It’s time to overhaul an outdated and unjust system and provide everyone the same opportunities that have been monopolized by the elites. Join us, and let’s make finance serve the people once more,” wrote the Trumps on Telegram.

Further details about the Trump crypto project, such as the launch date, the website URL, and even its official name, remain undisclosed, though it’s anticipated to resemble a crypto platform similar to exchanges like Coinbase or Binance, potentially serving as an alternative to traditional bank accounts.

Earlier this month, Trump brothers Eric and Don Jr. dismissed rumors of launching their own cryptocurrency to compete with Bitcoin, describing their initiative as “the future of finance.”

Digital Real Estate

The company president Eric Trump spoke with the New York Post earlier this month stating that he sees potential in the blockchain sector.

Anticipation started rising early in August, when Trump’s younger son posted on X that he had “fallen in love” with the new tech and that his followers should “stay tuned” for a special announcement.

Source: X

“It’s digital real estate,” he told The Post in an exclusive interview. “It’s equitable. It’s collateral anyone can get access to and do so instantly. I don’t know if people realize what a shake up that is for the world of banking and finance. I hope we can help change that.”

The Post reports that the second son of former president Donald Trump says he views crypto and decentralized finance as potentially potent accelerants to the US economy.

“Essentially over half this country right now cannot be banked,” Trump said.

“Meaning they will be rejected for most loans from most institutions. But with this technology, they could have the ability to almost instantaneously be approved or denied from a lender based on math, not policy. Money could be in their account in minutes, not months. The system as it stands now can be manipulated. And it is. All the time,” Trump warned.

“My family has certainly had our fair share of financial discrimination. I’ve had a unique perspective on how easily people can be kept out of certain markets. It slows everything down. It’s not right.”

The details of the announcement remain a closely guarded secret, and the source of speculation, but the Trump Organization prez says the “moment everything is final and ready to go” he will proceed to tell the world.

“At some point, I think we all want some form of financial independence and a world where we don’t have to play by the big bank’s playbook,” he concluded.