According to ChainCatcher, Campbell Harvey, a professor of finance at Duke University, said regarding Trump’s announcement of the launch of the crypto project World Liberty Financial: “This move is consistent with Trump’s policy stance of supporting cryptocurrencies. It’s one thing to say you support crypto, and it’s another to start a company in this field.”

Yesterday’s more than two-hour X Spaces did not reveal specific details of the project or when it would go live, but did say it would issue digital tokens, WLFI, which would play a role in business management. But Americans must be verified accredited investors to buy them. This time Spaces also touched on a range of other topics, such as stablecoins, tokenization, access to credit, and digital payment services.

Before Trump held this X Spaces, the World Liberty Financial white paper listed Donald Trump as the "Chief Crypto Advocate", Eric Trump and Donald Jr. as "Web3 Ambassadors", and 18-year-old Barron Trump as the "Chief DeFi Visionary". A disclaimer in the document stated that the company was "not owned, managed, operated or sold by the Trump family", while noting that they may receive compensation.