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.”
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.
The crypto market is already a scam as it is. The lack of deregulation makes crypto the perfect platform for criminals to prey on naive investors lured in by its alleged rate of high return. Trump wading into crypto would make sense given he is a convicted felon.
Chey Tor you obviously don’t understand crypto. Our (fake) fiat currency has so much crime tied to it, it’s mind boggling. Trump a convicted felon tells me you have TDS & this Trump related article triggered your TDS, of which there is no cure. So, do yourself a favor, at the very least, go educate yourself on the block chain AND go research the crimes behind our current financial system. While you’re doing all that keep in mind our money printing machines are going full speed all backed by thin air.
Another way for this Traitor and Criminal to Cheat Citizens out of their hard earned monies.
Anyone who votes or gets into bed with this sore loser deserves what they get.
Just ask Melania, Rudy, and the myriad of other folks who have done business with him … and his family.
He’ll bankrupt you just like he has so many others.
At least his Project 2025 takeover plans are out for the world to see.
Don’t be Fooled by this Fool. He’ll take all he can until his last breath … and he’s taught his kids how to do it to you too.
Run from this guy, he’s Poison.
A typically ignorant comment by someone infected with Trump Derangement Syndrome. Even if you believe that crypto currency is a scam (and if so, no more than our fiat dollars are), what the Trump’s are proposing is a “currency” that is backed by real world assets that simply uses the infrastructure pioneered by the crypto currency trading system. In reality, it would be a more secure currency than our dollars are, since those are backed by, well, nothing.
Crypto isn’t the Issue, it’s who’s involved.
Yes, he and his family are deranged. Just listen to him, and them speak … and then he’ll add another 7 Trillion or more, to the National Debt, while taking 2 billion from the Saudis (Kushner’s just a shill). Where do you think the secret docs went he stole from the Country.
Mexico Didn’t Pay, but the over 1000 already jailed from January 6th sure are.
He never meant to March to the Capitol, you just can’t trust that guy.
Hard to tell where Phil Hall falls on his Article.
He uses a ‘Warholesque’ Image of a Smug Rump, then seems to shade Kamala for restrictions on
the experiment in crypto.
Rumps statement of keeping 100% of the crypto now in government, seems even more criminal when taken with his ” You’ll NEVER Have to Vote Again” speech … Once a Dictator, Always a Dictator. He’s just scamming more ways to line his pockets.
David, you are correct Trump is deranged! And does suffer from Trump derangements syndrome.
I completely agree with you. Backed by real estate, a much safer investment than the declining dollar backed by nothing!
Crypto currency might be a great way to purchase real estate but putting Trump in the White House does not mean that will happen. He is a pathological liar and scammed hundreds of people who applied to his real estate school. His propaganda team has people buying into his lies.
@Chey Tor: You have no idea what you are talking about. Blockchain is the most traceable technology.
Call it Real Estate Crookto Project
The Bible has a lot to say about the subject of money.
What else does Trump come up with, anything but honesty.
Why has there been ZERO innovations in the world of finance, while huge changes for the better in100’s of other industries? The last advancement: the ATM! Wow. I’m not sold and trusting of Crypto-currency yet, but something needs to change and advance. The net, A.I., even the microwave oven was scary at first, but turned out ok. I like some outside-the-box thinking. That’s how Don broke through in the first place: people are tired of the failed, slogging status quo.
Re: Voting for Another Rump Presidency …
Just because you can, doesn’t mean you should … Ever !!!;
Agreed mostly with Bob in OH. of course, y’all understand. Trump’s record on making money is mostly fraud and trickery. with crypto or blockchain, there are more ways to cheat and evade governance.