The reported acquisition moves show Trump further developing his business interests in the cryptocurrency realm, even as he is set to enter the White House on Jan. 20, 2025.
Just three weeks before the Nov. 5 presidential election, Trump hyped the launch of a token pegged to a new crypto venture dubbed World Liberty Financial. As part of the deal with WLF, Trump and his family are poised to rake in 75% of its net coin revenue while assuming no liability.