Donald Trump Jr. has revealed details of a cryptocurrency–related and DeFi-related project that he announced a day earlier. Cointelegraph writes about this.
According to him, the platform will solve the problems of inclusivity regarding access to the services of financial organizations.
"We want to take over most of the banking world. I think there is a big disparity in that only certain people can raise funds," Trump Jr. commented.
At the current stage, the development of the project is at an early stage. It will take "a long time before we can do something," said the son of the presidential candidate.
According to him, we are talking about "a larger type of platform", which is very different from a memcoin.
Earlier, ForkLog reported that the company AMG Software Solutions, allegedly associated with Donald Trump Jr. and his brother Barron, has applied for trademark registration for the terms Be DeFiant, World Liberty and World Liberty Financial.
The latter brand is designed to "provide financial information in the field of decentralized finance."
Recall that Republican presidential candidate Donald Trump spoke at the Bitcoin 2024 conference, during which he collected $25 million in donations for his election campaign.
Earlier, Bloomberg noted the hopes of crypto companies for his presidency. According to the agency, bitcoin miners and other firms will benefit from his second term.