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Trump-Linked Crypto Firm to Tokenize Some of President’s Real Estate Empire

Trump-Linked Crypto Firm to Tokenize Some of President’s Real Estate Empire

World Liberty Financial, the crypto firm cofounded and partly run by the Trump family, will tokenize loan revenue interest from a new Trump International Hotel and Resort in the Maldives.

Tokenization is the process of putting an asset on the blockchain to turn it into a crypto token that can be easily traded, in this case, a loan used to fund the construction of a hotel. Investors who buy tokenized pieces of the loan will be entitled to a portion of the interest payments made on it.

According to WLF documents, DT Marks DEFI LLC, which is owned by the Trump family, reserves the right to receive 75% of the revenue generated from $WFLI token sales after expenses.

The offering won’t be available to everyone….

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