JUST IN: Trump launches new cryptocurrency platform

On Monday, Donald Trump provided few information regarding a new cryptocurrency venture that he, his family, and allies launched in a live event on X Spaces.

Trump had a lengthy conversation during which he discussed the second apparent attempt on his life on Sunday as well as his decision to embrace cryptocurrencies after previously being sceptical of them.
However, he and his family withheld a great deal of information regarding World Liberty Financial, including its formation, financing, and services.

Though it is rare for a presidential candidate to start a new company so near to an election, Trump has been courting supporters of digital assets and their financial resources in the run-up to November 5th.

During his reelection campaign, Trump has embraced digital assets after previously calling cryptocurrencies a hoax. He has pledged to turn the US into the “crypto capital of the planet” with lax regulation and a national bitcoin stockpile.

The idea has been pushed in recent weeks by Trump's two eldest sons, Eric and Donald Jr., who made the vague claim that it will "transform" the world of digital asset finance.