Donald Trump reveals World Liberty Financial, a new crypto platform that aims to position the US as the global crypto leader.

NEW YORK— Former President Donald Trump has launched a new cryptocurrency platform, World Liberty Financial, in a significant move to establish the United States as the global center for digital assets. The platform aims to cater to the decentralized finance (DeFi) sector and will include a governance token, as WLFI Announced on September 16 via X Spaces.

Trump's shift from his earlier doubt—where he labeled Bitcoin a "scam"—reflects his strategic pivot amid a competitive presidential race. The platform, promoted by Trump and his sons, Donald Jr. and Eric, is designed to facilitate peer-to-peer transactions and enhance financial security.

The initiative promises to attract accredited investors and positions Trump as a chief advocate in the crypto space. The World Liberty Financial project, however, is not directly managed or owned by the Trump family, despite their promotional role. The launch comes as Trump vows to make the US the "crypto capital of the planet," countering China's growing influence in the digital asset arena.

The platform’s launch marks a significant endorsement of cryptocurrency from Trump, who is utilizing the crypto space to gather support and funds for his presidential campaign.