World Liberty Financial - Trump crypto

[Mike Honcho 5,294]

 

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Trump rolls out his family's new cryptocurrency business

Former president Donald Trump headlined an online event Monday unveiling a new cryptocurrency business with ties to his family, capitalizing on his third run for the White House to promote his business interests.

During the livestream, Trump talked up the promise of cryptocurrencies while discussing a second assassination attempt and attacking the Biden-Harris administration on border security. He did not directly address the new crypto firm, called World Liberty Financial.

“If we don’t do it, China is going to do it. China is doing it anyway. But if we don’t do it, we’re not going to be the biggest, and we have to be the biggest and the best,” Trump said in conversation with Farokh Sarmad, a crypto enthusiast and investor. The two spoke from Mar-a-Lago, Trump's country club in Palm Beach, Florida.

On the campaign trail, Trump has floated a number of pro-crypto positions, from pledging to loosen federal regulations on digital currencies to creating a strategic reserve of bitcoin. Earlier this month, Trump said he would make America the “world capital for crypto and bitcoin.”

The crypto boosterism is an about-face for Trump, who used to bash crypto but is now chasing campaign donations and votes in a tight race for the White House.

Trump said he wasn’t “overly interested” in crypto at first, but sales of his Trump-branded digital trading cards – nonfungible tokens known as NFTs of him dancing, wearing a superhero suit and holding bitcoin – opened his eyes to the possibility of crypto. Trump earned about $7.2 million in 2023 through a licensing deal for NFTs, according to financial disclosures he filed in August.

 

Who else is going all-in on World Liberty Financial with me. How could it lose!!!!