The Trump family renames their latest cryptocurrency project ‘World Liberty’, sparking speculation in the DeFi world

The Trump family, led by former U.S. President Donald Trump, is making waves in the cryptocurrency world with hints of a new project called "World Liberty."

The project is expected to focus on decentralized finance (DeFi), a sector that Donald Trump Jr. recently promoted on social media.

His post on 7th August suggested that a significant announcement is imminent, and he added the hashtag "BeDeFiant," signalling innovation and resistance in the financial sector.

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Eric Trump's Enthusiasm

A day earlier, Eric Trump also expressed his growing interest in cryptocurrency and DeFi, hinting at major upcoming developments.

Their posts have sparked speculation about the family's potential involvement in a DeFi project backed by real estate tycoon Steve Witkoff, who has also posted similar messages.

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Connections and Clues

Further connections have been drawn between the Trumps and Subify, a company with ties to cryptocurrency entrepreneur Chase Hero.

Additionally, a company named AMG Software Solutions recently filed trademark applications for terms like "Be DeFiant" and "World Liberty," hinting at possible links to the Trump-backed project.

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Potential Impact

While the Trump family's involvement in cryptocurrency has garnered attention, it raises questions about how this project might intersect with broader financial policies, especially if Trump returns to office.

At the Bitcoin 2024 conference, Trump mentioned a plan to retain government-held bitcoins, a stance that has been met with criticism from legal experts.