World Liberty Financial: Trump Family Launches New Crypto Platform

Former US President Donald Trump, along with his sons and business associates, launched a new cryptocurrency platform called "World Liberty Financial" on Monday evening. Details about the platform are scarce, but it will be controlled by Donald Trump Jr. and Eric Trump.

The two-hour online presentation offered little information besides encouraging people to buy digital "tokens" which would grant them voting power in platform decisions. The platform aims to offer services based on decentralized finance, allowing for transactions without intermediaries like banks or third parties. Donald Trump Jr. called this "the beginning of a financial revolution" in a meeting on X (formerly Twitter).