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The World Liberty program associated with Trump establishes a Crypto Assets vault company.
Jin10 data reported on August 9th that the Crypto Assets vault company is in high demand. The World Liberty Financial, supported by the Trump family, plans to seize this opportunity by establishing a public company that will hold its WLFI Token and is currently seeking investors' opinions on this plan. According to insiders, the structure of the deal is still being finalized, with a financing target of approximately $1.5 billion. They have already contacted major investors in the technology and Crypto Assets industry, and negotiations are progressing rapidly. World Liberty's website lists Trump as the "Honorary Co-Founder." The company announced plans last year to launch a Crypto lending application, and it currently offers a USD1 stablecoin pegged to the dollar. The company raises funds by selling its WLFI Token, which was initially designed as a non-transferable governance token but plans to trade in the public market.