In a surprising turn of events, the DeFi project led by former U.S. President Donald Trump, named World Liberty Financial, is set to launch its token sale in the coming days.
According to recent reports, the sale will commence on October 15, following an announcement made by Trump’s son, Eric Trump, back in August.
Donald Trump’s DeFi Project Token Sale Set to Launch Soon
Currently, the project is exclusively available to accredited U.S. investors who have a net worth exceeding $1 million or an annual income of over $200,000 (or $300,000 for couples). The main objective of World Liberty Financial is to provide lending and borrowing services in the cryptocurrency space, with hopes of eventually expanding access to all Americans.
This development marks a notable shift for Trump, who previously expressed strong opposition to cryptocurrencies, famously stating that he is “not a fan of Bitcoin.” However, his recent pivot towards the crypto sector, particularly in non-fungible tokens (NFTs), suggests a newfound interest.
Trump has also stated that the World Liberty Financial project aims to position the U.S. as a global hub for cryptocurrencies. As the launch date approaches, many are watching closely to see how this venture unfolds in the rapidly evolving crypto landscape.
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