Trump’s family-owned company World Free Finance plans to announce a cryptocurrency company, saying three investors who have seen some of the deals. According to the details, the plan is shopping from investors and is wealtharound a publicly traded company, the company will combine the world’s free proprietary tokens WLFI and cash.
The proposal also calls on Eric Trump and Donald Trump Jr. to serve on the board and hopes to raise $1.5 billion to fund new companies.
If the plan continues, it will be the latest addition to the Trump family’s fast-growing crypto empire. The Trump family first announced the World Free Crypto project last fall, launching a series of products including WLFI tokens. network $550 million in sales and their own StablecoinUSD1.
A spokesperson for World Freedom declined to comment. A spokesperson for Eric Trump and Donald Trump Jr. did not respond to a request for comment.
Planned fiscal companies have flourished among so-called “digital asset finance companies” or publicly traded companies that have a large amount of cryptocurrency on their balance sheets. According to details shared with investors, the Global Freedom Order’s planned Treasury is a Shell company that has been listed in Nasdaqand has been obtained.
Billionaire Michael Saylor pioneered the launch of the concept of a cryptocurrency company, which transformed its software company MicroStategy into a vehicle to acquire Bitcoin Subsequently, the IT strategy was renamed to 2025 in 2020. Traders quickly regarded the company’s stock as the agent of the world’s largest cryptocurrency and bought its shares as the price of Bitcoin rose.
For strategy, this strategy proved to be so successful that it accumulated over $72 billion worth of cryptocurrencies and reached a market cap of nearly $113 billion, despite revenue of only $115 million in the second quarter.
Crypto investors see a boom in strategic valuations and follow it. Early imitators included a budget hotel company in Japan that began increasing bitcoin in 2024, and a handful of other companies that joined the trend later that year.
But this year, this practice has accelerated. There are financial companies now Ethereumthe world’s second largest cryptocurrency. There are also more and more cryptocurrencies including Litecoin, Sue and Eden. Meanwhile, another Trump family adventure, Trump media, purchase Earlier this summer, it provided $2 billion in bitcoin to its Treasury Department.
Advocates say Treasury lets traditional investors be restricted by what they can trade through brokers like pioneertrade cryptocurrencies and gain exposure to the digital asset market.
But more and more investors have warn This trend is a fashion and says that as the current crypto movement fades, many of these companies may be at risk of collapse.
In addition to World Liberty Financial, the finance promises to build different decentralized financial applications around its tokens and Stablecoin, with President Donald Trump and First Lady Melania Trump launching their own memorials. Eric and Donald Jr. are also deeply involved in the blockchain industry, including theirs backing A Bitcoin mining company.
