World Liberty Financial white paper names Donald Trump as "chief crypto advocate"
Campbell Harvey, a finance professor at Duke University, said of Mr. Trump's announcement of World Liberty Financial, a crypto project: "This move is consistent with Trump's pro-cryptocurrency policy stance. It's one thing to say you support crypto, it's another to start a company in this space."
X Spaces, which ran for more than two hours yesterday, did not reveal the specifics of the project or when it would go live, but did say it would issue a digital token, WLFI, which would play a role in business management. But Americans must be certified accredited investors to buy. This time Spaces also touched on a range of other topics, such as stablecoins, tokenization, access to credit and digital payment services.
Ahead of Mr. Trump's X Spaces, the World Liberty Financial white paper named Donald Trump as "chief crypto advocate", Eric Trump and Donald Jr. as "Web3 ambassadors" and Barron Trump, 18, as "chief DeFi visionary". A disclaimer in the filing said the company was "not owned, managed, operated or sold by the Trump family", noting that they could be compensated.