According to PANews, Fox Business reporter Eleanor Terrett wrote on the X platform that if Trump Jr.’s crypto project is indeed designed by Steve Witkoff, then it is doubly speculated that it will be a tokenized real estate project.

According to public information, Steve Witkoff is an American real estate investment tycoon, founder and chairman of New York developer Steven Witkoff Group. He successfully developed the 701TSQ building project in New York's Times Square.