According to BlockBeats, on September 18, Bloomberg reported that the Trump family announced the launch of the crypto project World Liberty Financial. The project was held in X Spaces for more than two hours yesterday. The specific details of the project were not disclosed, nor was the launch time, but it was confirmed that the WLFI token will be issued. Campbell Harvey, a professor of finance at Duke University, said: “This move is consistent with Trump’s policy stance in supporting cryptocurrencies.”
It is reported that the World Liberty Financial white paper lists Donald Trump as the “chief crypto advocate”, Trump’s youngest son Eric Trump and eldest son Donald Trump Jr. as “Web3 ambassadors”, and 18-year-old Barron Trump as the “chief DeFi visionary”. A disclaimer in the white paper states that the company is “not owned, managed, operated or sold by the Trump family.”
