U.S. presidential candidate Trump officially announced his cryptocurrency project "World Liberty Financial" on the . (Previous summary: Trump personally promoted the family’s DeFi project, threatening to end the oppression of banks and financial elites) (Background supplement: Trump Group will enter the cryptocurrency industry, Trump’s second son: targeting digital real estate RWA) Competing for the 2024 White House election Former U.S. President Donald Trump has supported cryptocurrency in many public events. Recently, his eldest son Donald Trump Jr. announced that the Trump Group will enter DeFi to challenge traditional finance. system. Just yesterday (29th) evening, Trump released a short video dubbed by himself on the Changed its name to "World Liberty Financial". Trump said in the video: "I'm going to unveil a plan this afternoon that will ensure that America becomes the cryptocurrency capital of the planet. They want to strangle you, they want to put you out of work, and we're not going to let this happen. Things happened. ” .@worldlibertyfi pic.twitter.com/mwhVIzPJyq — Donald J. Trump (@realDonaldTrump) August 29, 2024 Trump Group Launches Crypto Project “World Liberty Financial” It is unclear the details of Trump’s World Liberty Financial plan. , but Trump previously said when promoting his own cryptocurrency plan that the people of the United States have been squeezed by "big banks and financial elites" for a long time, and now it is time to unite and resist. Trump's second son, Eric Trump, who is now the vice president of the Trump Organization, also said on X on Wednesday: "I am very happy to announce the launch of WLFI @WorldLibertyFi! A new era of finance has arrived." This The news was released the day after Trump announced the launch of the fourth-generation NFT "America First", highlighting that the Trump family business is aggressively entering the cryptocurrency industry. Extended reading: Trump launches sales of fourth-generation NFT "America First", limited edition sneakers, golf dinners... empowering what seems to be an encrypted DeFi platform at first glance, claiming that it will provide "high-yield" investment opportunities. The official website of World Liberty Financial has not yet been officially announced. is online, but according to Coindesk, worldlibertyfinancial.The metadata on com has clues that: World Liberty Financial is "the only encrypted DeFi platform supported by Donald J. Trump" and will connect users with "the most secure and high-yield encrypted investment in decentralized finance (DeFi)". "Best Tools" to connect. And called on users to "join the financial revolution today!" In addition, the trademark applied for World Liberty Financial in mid-July also showed that it was related to DeFi. Alex Golubitsky, the attorney who filed the trademark filing, confirmed Thursday that the trademark is related to Trump’s cryptocurrency venture. What medicine is in the gourd for the Trump Group’s cryptocurrency project, World Liberty Financial? Officials are expected to have further details today. Trump’s eldest son, Donald Trump Jr., recently stated that the family is working hard to develop an encryption platform that can compete with the traditional banking system. The second son, Eric Trump, recently revealed that the plan may involve "digital real estate." Some people speculate that this may involve the tokenization of real world assets (Real World Assets, RWA), that is, bringing real estate or other physical assets onto the blockchain and potentially use “digital real estate” as collateral for loans or other cryptocurrency financial services. Extended reading: Trump Group will enter the cryptocurrency industry, Trump’s second son: Targeting digital real estate RWA Related reports Trump blasts non-farm employment data for falsification: Biden and Harris want to manipulate the Federal Reserve to cut interest rates Trump wants to invite Musk to the cabinet , Musk played a homophonic meme: I would like to be the Secretary of D.O.G.E. to reform the efficiency of the US government. Trump’s latest financial documents were exposed: How many cryptocurrencies does he hold and how much money has he earned from NFT? 〈Trump will launch a “high-yield DeFi platform”? The bold statement that World Liberty Financial will make the United States the global crypto capital> This article was first published in BlockTempo, the most influential blockchain news media.