Sept 16 (Askume) – The Republican former president, his family and allies unveiled a new cryptocurrency business at a live event at X Space on Monday, with Donald Trump offering few details about the business.
Trump has spoken widely, including about the second assassination attempt against him on Sunday and his decision to go from being skeptical of cryptocurrency to embracing it.
But neither he nor his family provided further details about the WLF, including how it was formed, how it would be funded or what services it would provide.
It’s unusual for a presidential candidate to launch a new business so close to an election, but Trump is looking to sway digital asset supporters and their dollars to his side ahead of Election Day on Nov. 5.
Trump, who previously derided cryptocurrencies as a scam, embraced digital assets during his re-election campaign, promising to make the United States the “cryptocurrency capital of the planet” through loose regulation and a national bitcoin reserve.
Trump’s two eldest sons, Eric and Donald Jr., have promoted the project in recent weeks, promising it would “transform” the world of digital asset finance, but they did not elaborate.
