Trump’s crypto project launches a new digital currency
Witkoff and his father, Trump’s special diplomatic envoy Steve Witkoff, helped launch World Liberty Financial with Trump and his sons last year. Under the terms outlined on the company’s website, a Trump-owned company has the “right to receive 75 per cent of the net protocol revenues” from World Liberty Financial after expenses.
On Monday, Trump Media announced it was partnering with the crypto-trading firm Crypto.com to launch exchange-traded funds for investors to purchase. The funds, which are set to be released later this year, will include a “unique ETF basket of cryptocurrencies” as well as “securities with a Made in America focus spanning diverse industries such as energy,” TMTG said in an announcement.
TMTG is the…