Former President Donald Trump plans to launch a decentralized finance (DeFi) protocol called "World Liberty Financial." Trump announced his intention to embrace crypto and leave traditional banks behind via Twitter. The project's details are limited, but it involves "digital real estate," which has led to speculation about tokenizing real-world assets or selling digital assets in the metaverse. The World Liberty Financial website advertises high-yield crypto investments and tools and is reportedly backed by Trump family members. However, concerns have been raised about transparency due to insiders receiving 70% of the token allocation. This move represents a shift for Trump, who previously expressed skepticism towards digital currencies. The launch of World Liberty Financial is expected to have both financial and political implications, potentially requiring regulatory considerations.



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