#TrumpTariffs Here's the latest news about Trump's cryptocurrency venture:

# Trump's Cryptocurrency Project

Donald Trump has announced the launch of his own cryptocurrency, WLFI, which stands for World Liberty Financial. This project is part of Trump's initiative in the decentralized finance (DeFi) space, led in collaboration with his family.

# Key Details

- *Launch Date*: The WLFI token will be available for sale starting October 15.

- *Event*: An exclusive event will be held on October 14 on platform X to promote the WLFI token.

- *Target*: The project aims to raise $300 million through the sale of WLFI tokens, giving it a valuation of $1.5 billion.

- *Partnership*: The project has proposed a partnership with AaveDAO, where AaveDAO would receive 7% of WLFI's supply and 20% of protocol fees.¹

# Impact on the Market

The announcement has sparked interest and debate in the cryptocurrency community, with some critics questioning the lack of information provided about the project. Trump's involvement in cryptocurrency has also been seen as a potential boost to the industry, given his influence and support.

# Trump's Stance on Cryptocurrency

Trump has previously expressed support for cryptocurrency, vowing to appoint a pro-crypto board and fire SEC Chairman Gary Gensler, who has been criticized for his strict policies on cryptocurrency.