Krutika Adani
Eric Trump, son of Donald Trump, is about to launch the family’s new crypto venture, a DeFi platform called World Liberty Financial.
According to Eric Trump, the new venture is a DeFi platform that would significantly involve digital real estate and might also feature limited RWA assets.
Former President and 2024 Republican Presidential candidate Donald Trump will inaugurate the platform via Twitter Spaces.
There have been allegations that as much as 70% of the total token distribution would go to insiders. This has raised several eyebrows as it leaves ample scope for token manipulation.
Trump’s family has been involved in crypto since the success of Trump’s NFT collections, which were totally sold out both times they were launched.