Trump family launches new cryptocurrency platform, but no details revealed

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ChainCatcher reported that according to foreign media reports, former US President Trump, his son and entrepreneurs launched a new cryptocurrency platform called "World Liberty Financial" late Monday, which will be controlled by Trump's sons Donald Trump Jr. and Eric Trump, but few details were provided.

In a two-hour online presentation, the Trumps revealed little beyond the idea of letting people buy digital "tokens" that would give them voting rights in platform decisions. "World Free Finance" intends to offer services based on so-called decentralized finance, without the need for intermediaries such as banks to conduct transactions with third parties. Donald Trump Jr. called it "the beginning of a financial revolution" at the X conference. (Jinshi)

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