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Former President Donald Trump is reportedly planning a new project that will encourage investment in tokenized Real World Assets (RWA).

According to a report in Bitcoinist.com, Trump and his son Donald Trump Jr. are reportedly at work on a crypto project designed to integrate real estate investments with decentralized finance (DeFi) using blockchain technology. Trump Jr. offered a hint about the project, tentatively dubbed “World Liberty,” in a post on X (formerly Twitter) that declared, “We’re about to shake up the crypto world with something HUGE. Decentralized finance is the future.”

The project would use blockchain infrastructure to tokenize ownership stakes in real estate assets, allowing them to be traded and leveraged within DeFi protocols. The blockchain developer Dogetoshi is rumored to be collaborating with the Trumps on the project.

While the Trumps have offered no confirmation about the project, the former president has given an increasing amount of attention to cryptocurrency-related issues in his campaign to regain the White House. Reuters reported Trump has pledged to create a state bitcoin reserve, declaring at a recent rally, “If elected, it will be the policy of my administration to keep 100% of all the bitcoin the US government currently holds or acquires into the future,” Trump said, adding the funds would serve as the “core of the strategic national bitcoin stockpile.”

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Compared to Trump, his Democratic opponent Vice President Kamala Harris has not distanced herself from the Biden administration’s regulatory policies that many in the crypto community view as hostile to innovation.

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