Donald Trump has officially launched his own cryptocurrency platform, World Liberty Financial, led by his sons Donald Trump Jr. and Eric Trump . The platform includes the WLFI token, which facilitates crypto borrowing, lending, and investing, and is available only to accredited U.S. investors .This move marks a significant shift in Trump's stance on crypto, as he previously expressed skepticism but now aims to make the U.S. a crypto leader .
Key Details:
- Token Name: WLFI
- Token Type: Governance-only token with no financial rights
- Availability: Exclusive to accredited U.S. investors
- Allocation: 70% to founders and service providers, 30% for public sale
Trump's crypto portfolio has also surpassed $10 million, driven by the surge in value of the TRUMP coin .His diverse holdings include ETH, MVP tokens, CONAN tokens, and more .
Market Impact:
Experts predict Trump's involvement could inspire other political figures to explore digital assets, potentially blurring lines between politics and blockchain .The launch has sparked intense speculation, with investors evaluating potential effects on market trends and Trump's broader image .
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