On first day of sale, Donald Trump’s crypto company falters

Republican presidential nominee and former US President Donald Trump speaks at Turning Point Actions The Believers Summit 2024 in West Palm Beach, Florida, US, July 26, 2024.—Reuters
Republican presidential nominee and former US President Donald Trump speaks at Turning Point Action’s The Believers Summit 2024 in West Palm Beach, Florida, US, July 26, 2024.—Reuters

Former US president Donald Trump’s cryptocurrency platform faced a setback in sales launch on Tuesday as only a fraction of its digital coins found buyers when they went on the market.

In mid-September, the Republican candidate announced that he, alongside his sons and entrepreneurs, would launch the platform World Liberty Financial.

However, the company offered 20 billion tokens, priced at 1.5 cents each, for a total of 300 million, but just 3% had been purchased by Tuesday evening.

The tokens serve as cryptocurrencies and grant buyers a vote on the…

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