Trump supports World Liberty's plan to establish a cryptocurrency company

According to reports, recently there has been a surge of interest in the cryptocurrency market. World Liberty Financial, backed by the Trump family, plans to establish a publicly traded company and launch its WLFI token, actively seizing this opportunity. They are currently seeking investor interest for their planned financing target of approximately $1.5 billion. Sources indicate that the company's transaction structure is still being determined, and they have communicated with large investors in the technology and cryptocurrency sectors, with negotiations progressing smoothly. World Liberty's official website refers to Trump as the 'Honorary Co-Founder.' Last year, the company announced plans to launch a cryptocurrency lending application and provide a stablecoin pegged to the US dollar named USD1. The company intends to raise capital by selling WLFI tokens, which are initially designed as non-transferable governance tokens but are planned to be traded on the public market.