**Trump's Crypto Project: Sparse Details Amid Grand Promises**

Former President Donald Trump made his first public appearance since an alleged assassination attempt, speaking on X Spaces with crypto influencer Farokh Sarmad. Despite billing it as a “State of Crypto address,” Trump barely mentioned cryptocurrency, focusing instead on broader promises to make America "greater than ever before."

Details about the Trump family's new crypto platform, World Liberty Financial, were scant. It wasn't until over two hours into the livestream that project leader Zak Folkman revealed plans for a non-transferrable governance token, WLFI. These tokens will be sold only to accredited investors in the U.S. due to regulatory uncertainties.

Folkman assured that 63% of the tokens would be available for public sale, with no pre-sales for venture capitalists. However, 20% of the tokens are allocated to the team and advisers. The platform aims to revolutionize traditional finance barriers and drive stablecoin adoption, though specifics remain unclear.