Barron Trump to have a 'visionary' role with new crypto platform
Americans are just seven weeks away from going to the polls and former President Donald Trump has been busy delivering his message to voters.
However, the Republican nominee briefly paused his election-related activities this week to promote a new business undertaking that involves his son Barron.
Barron to take on "visionary" role at new crypto platform
According to CoinDesk, Trump announced last week that he would unveil his decentralized finance (DeFi) project called World Liberty Financial on September 16.
"We're embracing the future with crypto and leaving the slow and outdated big banks behind," the former president declared in a video posted to X.
Trump announces he will host a Space on X to launch his DeFi token, World Liberty Financial, next Monday.
This is a horrible misstep 🤦♂️
— Bitcoin News (@BitcoinNewsCom) September 12, 2024
In addition to older sons Eric Trump and Donald Trump Jr., the project will also feature 18-year-old Barron Trump as a "DeFi visionary."
Trump makes promoting crypto part of his campaign platform
CoinDesk cited a World Liberty Financial whitepaper which laid out plans for a "credit account system" built on DeFi platform Aave and the Ethereum blockchain.
What's more, the venture aims to "spread U.S.-pegged stablecoins around the world" as part of an effort to "ensure that the U.S. dollar's dominance continues."
Meanwhile, candidate Trump has made cryptocurrency a part of his campaign platform, with Fox Business reporting that he spoke at the world's largest bitcoin conference in Nashville earlier this year.
"If crypto is going to define the future, I want it to be mined, minted, and made in the USA," the former president was quoted as saying to those in attendance.
Barron attends NYU despite attacks on his father by professors
For his part, Barron Trump won't be exclusively focused on World Liberty Financial, as the New York Post reported last week that he started his first semester at New York University's Stern School of Business.
His choice to attend came despite the fact that JP Eggers and 19 other Stern professors once signed an open letter attacking his father.
As the UK's Independent noted, the letter accused then-President Trump of seeking "to undermine the integrity of American elections."
"It is time for business leaders to declare publicly what so many have been saying privately: that President Trump is unfit to lead and is a threat to the Republic," the letter went on to assert.
