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Trump-Backed World Liberty Financial to Launch Crypto Debit Card by Early 2026

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World Liberty Financial, the cryptocurrency venture backed by the family of U.S. President Donald Trump, plans to launch a crypto-linked debit card that will allow users to spend digital assets in everyday transactions as early as late 2025, according to CEO Zach Witkoff.

Speaking at the TOKEN2049 crypto conference in Singapore on Wednesday, Witkoff said the card aims to “bridge crypto assets with everyday spending,” and a pilot program is scheduled for launch next quarter. “We’ll be rolling out a debit card that will either go live in Q4 or Q1 2026,” he added.

Witkoff was joined on stage by Donald Trump Jr., co-founder of World Liberty, where both reiterated their optimistic view on cryptocurrency adoption and highlighted what they described as progress made under the Trump administration. Their comments drew cheers from attendees, reflecting the strong enthusiasm among crypto investors for the Trump family’s growing involvement in the sector.

A CRYPTO-POWERED FINANCIAL PLATFORM

Founded in 2024, World Liberty Financial (WLF) seeks to provide decentralized finance (DeFi) services, allowing users to access financial tools and payments directly through cryptocurrencies without traditional banking intermediaries.

In September 2024, the company launched its governance token $WLFI, granting holders voting rights on business proposals. According to data from CoinGecko, the token last traded 0.5% higher at $0.2011.

Witkoff confirmed that World Liberty is working on tokenizing real-world assets, including real estate, oil, and gas, as part of its long-term strategy. “We also want USD1 to be the base pair for these assets because we view it as the most trustworthy and transparent stablecoin on Earth,” Witkoff said, referring to the firm’s U.S. dollar–pegged stablecoin.

TRUMP FAMILY’S ROLE AND PROFITS

While critics have accused the Trump family of profiting from crypto ventures amid the administration’s relaxed regulatory stance, Donald Trump Jr. insisted that World Liberty Financial is “100% not a political organization.”

Reuters estimates that since its founding, the Trump family has earned around $500 million from the project — a figure based on publicly disclosed deals, crypto transaction data, and the company’s terms and conditions.

During the conference, Trump Jr. said, “My father was the first guy to run as sort of a pro-crypto president,” while Witkoff recalled early skepticism from the industry. “They called us a joke, a memecoin — they said we’d never amount to anything,” he said, before adding that World Liberty is now partnering with Aptos, a leading blockchain platform, to bring its USD1 stablecoin to the network.

The company’s planned debit card marks the next step in World Liberty’s expansion, reflecting its ambition to make digital currency spending mainstream while strengthening its ties to the global crypto ecosystem.

New Details of Trump Family Crypto Project Released, Including Who Can Buy In

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During a two-hour event on X (formerly Twitter), former President Donald Trump and his team finally shared key details about their new crypto project, World Liberty Financial. This venture, heavily promoted by the Trump family, aims to function as a crypto banking platform where the public can borrow, lend, and invest in digital currency. It will also feature its own cryptocurrency, WLFI.

According to founder Zak Folkman, the project’s token distribution will allot 20% of the tokens to the founding team, including the Trump family, while 17% will be reserved for user rewards. The remaining 63% of tokens will be made available for public purchase, with no pre-sales or early buy-ins. Folkman clarified that the token sale will comply with the Securities and Exchange Commission’s Regulation D, which allows companies to raise capital without registering securities under certain conditions.

Trump touched on his evolving views on cryptocurrency, sharing that he was initially uninterested but became more involved after witnessing the success of his NFT sales. “Crypto is one of those things we have to do,” Trump said, emphasizing its inevitability.

The project also includes prominent figures like Trump’s long-time friend Steve Witkoff, whose son introduced the Trumps to crypto entrepreneurs Chase Herro and Zak Folkman. Witkoff, now a key figure in World Liberty Financial, highlighted the project’s focus on decentralized finance, aiming to offer credit to underserved populations.

The Trump family, including Donald Jr., Eric, and Barron Trump, hold roles within the project but do not directly own or manage it. While Trump’s connection to the crypto sector has grown, industry figures worry that his own crypto ventures could complicate his broader relationship with the sector, especially if World Liberty Financial struggles to meet expectations.

Further details about the platform and its launch timelines were sparse, with the team urging supporters to stay tuned to official social media for updates and to beware of scams.