Former US President Donald Trump’s latest foray into the world of cryptocurrencies appears to be focused on offering access to allegedly “high-yield” investment opportunities.
According to metadata on the website of his new project, World Liberty Financial, the platform is billed as “the only crypto DeFi platform backed by Donald J. Trump.”
The website, Worldlibertyfinancial.com, claims that the platform will connect users to what it claims are “some of the best tools” in the decentralized finance (DeFi) space for safe and profitable crypto investments.
Further evidence of Trump’s involvement in the project emerged in mid-July with a trademark application for World Liberty Financial. Filed by attorney Alex Golubitsky, the trademark is directly related to Trump’s crypto ventures. When reached for comment, Golubitsky confirmed the connection to Trump and referred further questions to a press office associated with the World Liberty Financial project.
The move marks Trump’s latest foray into the crypto space after launching his fourth NFT collection earlier this week. The former president has previously had success selling crypto collectibles, with previous NFT collections fetching millions of dollars.
*This is not investment advice.