WLFI DELAYS MALDIVES RESORT TOKEN, BUT ITS RWA PLAN REMAINS ALIVE 🌴
World Liberty Financial (WLFI), the crypto project linked to President Donald Trump’s family, has delayed plans to issue a token tied to the Trump International Hotel & Resort Maldives. The stated reason is disruption to regional tourism and travel caused by the Iran conflict.
Importantly, the token would not represent ownership of the resort. Instead, holders would receive economic rights tied to revenue from loans financing the development, with a fixed interest rate under the original structure.
WLFI announced the project in February in partnership with DarGlobal and Securitize, the RWA tokenization platform backed by BlackRock. The resort is expected to be completed in 2030 with roughly 100 luxury villas.
No new launch date has been set, but the broader strategy remains intact: WLFI wants to bring real-world assets and their underlying cash flows onto blockchain rails.
The Trump Organization is not issuing, financing or directly selling the token. However, an entity linked to Trump and several family members holds an indirect economic interest of roughly 38% in a company connected to the project.
While the Maldives deal is paused, WLFI has made progress on financial infrastructure. On August 14, the OCC conditionally approved World Liberty Trust Company to establish a national trust bank, allowing it to manage the USD1 stablecoin and provide digital-asset custody services.
USD1 currently has a market capitalization of around $4 billion, while WLFI trades near $0.06, down 88.5% from its all-time high.
Is the Maldives delay merely a short-term pause, or does it signal that WLFI is recalibrating its RWA ambitions?
Please do your own research carefully before making any transactions (DYOR). $WLFI $TRUMP
World Liberty Financial (WLFI), the crypto project linked to President Donald Trump’s family, has delayed plans to issue a token tied to the Trump International Hotel & Resort Maldives. The stated reason is disruption to regional tourism and travel caused by the Iran conflict.
Importantly, the token would not represent ownership of the resort. Instead, holders would receive economic rights tied to revenue from loans financing the development, with a fixed interest rate under the original structure.
WLFI announced the project in February in partnership with DarGlobal and Securitize, the RWA tokenization platform backed by BlackRock. The resort is expected to be completed in 2030 with roughly 100 luxury villas.
No new launch date has been set, but the broader strategy remains intact: WLFI wants to bring real-world assets and their underlying cash flows onto blockchain rails.
The Trump Organization is not issuing, financing or directly selling the token. However, an entity linked to Trump and several family members holds an indirect economic interest of roughly 38% in a company connected to the project.
While the Maldives deal is paused, WLFI has made progress on financial infrastructure. On August 14, the OCC conditionally approved World Liberty Trust Company to establish a national trust bank, allowing it to manage the USD1 stablecoin and provide digital-asset custody services.
USD1 currently has a market capitalization of around $4 billion, while WLFI trades near $0.06, down 88.5% from its all-time high.
Is the Maldives delay merely a short-term pause, or does it signal that WLFI is recalibrating its RWA ambitions?
Please do your own research carefully before making any transactions (DYOR). $WLFI $TRUMP