On September 13, 2024, Former President Donald Trump announced the new crypto platform called World Liberty Finance today September 16, 2024. It will be managed by sons Donald Trump Jr. and Eric Trump.
In a video message on X, Mr. Donald Trump revealed that he will unveil the new crypto platform, World Liberty Financial on September 16, on Today at 8 PM, 50 days before the Election day. He said, “We’re embracing the future with crypto, and leaving the show and outdated big bank behind.”
Last month, Donald Trump Jr. and Eric Trump prompted World Liberty Financial on this X post and shared a Telegem channel link that shares updates on new projects.
On Thursday via a post on World Liberty Financial’s Telegram channel, Mr, Trump will appear on the live stream from Mar-a-Lago, his country club in Palm Beach, Fla.
The post mentions, ” Get ready as we unveil our plan to make Finance Great Again.”
Currently, it’s unclear what work for World Liberty Financial is designed. However, a report of the white paper reveals that it would provide borrowing and leading services, with its own crypto token.
Mr. Trump’s adoption of crypto has gained him immense popularity among digital currency investors, but World Freedom Finance’s effort has received a cold response in the crypto world.
Why is Donald Trump launching a crypto platform?
According to the report from Pwe Reacherh Cnete, Minninos of Americans have internet in cryptocurrency. Plus, the report suggests that these digital assets tend to attract young men.
Moreover, 34% of American men aged 18 to 20 are interested in trading or using cryptocurrency, compared to 16% of the general population.
In addition, as always, American presidential candidates o began new business in the middle of an election campaign. Now, the new crypto platform has raised concerns about conflicts of interest throughout his political career.