Former President Donald Trump revealed the upcoming debut of the Trump Organization's new DeFi platform, named 'The DeFiant Ones,' on Aug. 22. Trump aims to offer Americans an alternative to traditional banking, stating, 'It's time we take a stand together.' The platform, promoted by Trump and his sons, plans to revolutionize finance by tokenizing real-world assets. Trump's shift towards crypto marks a departure from his previous skepticism, now advocating for Bitcoin and the crypto industry. The GOP has also embraced crypto, with Senator Cynthia Lummis introducing the Bitcoin Act. Industry leaders anticipate Trump's pro-crypto policies will benefit the tech sector. Despite market fluctuations, Bitcoin's purchasing power has outperformed traditional assets like gold. Institutional interest in Bitcoin remains strong, indicating confidence among holders. CryptoSlate provides comprehensive crypto news and insights, emphasizing Bitcoin, DeFi, and AI. Readers are advised to conduct their own research before engaging in cryptocurrency trading. Read more AI-generated news on: https://app.chaingpt.org/news