Former President Donald J. Trump is hinting at the launch of his family’s new crypto project, “World Liberty Financial.” The Trump family has been promoting this venture over the past few weeks, building anticipation within the crypto community.

In a video posted on his social media account on September 12, Trump invited his followers to join him for a live event on September 16. During this event, he plans to officially unveil World Liberty Financial. Trump emphasized the project’s focus on leveraging cryptocurrency to move beyond traditional banking systems.

“We are embracing the future with crypto and leaving the slow and outdated big banks behind.”

Speculation about the Trump family’s involvement in the crypto space has been growing. In early August, Donald Trump Jr. and Eric Trump hinted at significant upcoming developments. Both suggested that the family had substantial plans to enter the market.

These hints were later confirmed when reports surfaced that the Trump-backed venture would likely be built on Aave, a decentralized finance platform, and Ethereum’s blockchain. The project aims to create a “credit account system” and promote the use of stablecoins.

Security is a top priority for World Liberty Financial. The team behind the project is collaborating with leading security experts, including PeckShield, Zokyo, and BlockSecTeam, to ensure the platform’s safety. According to an alleged official channel, the project’s code has undergone thorough reviews by industry leaders to prevent security vulnerabilities.

The timing of the announcement aligns with an incident earlier in September when Lara and Tiffany Trump’s social media accounts were hacked. The hackers posted about a token supposedly associated with World Liberty Financial, adding an unexpected twist to the project’s rollout.

Stay tuned for more updates on World Liberty Financial and other exciting developments in the crypto world on Global Crypto News.

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