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-0.00190748688602779 -0.000476871721506989 0.00149737720553161 0.00271387696709561 0.00715307582260365 0.00429184549356222 0.00810681926561746 0.00810681926561746
Stock impact report

A crypto firm with ties to Trump will 'tokenize' some of the president's real estate empire [Business Insider]

Trump Media & Technology Group Corp. (DJT) 
Have an account? Log in World Liberty Financial is set to tokenize loan revenue from a Trump Maldives hotel. Trump's sons are listed among the co-founders of the company. The tokenized offering will offer investors cash flows from the repayment of a construction loan. World Liberty Financial, the crypto firm cofounded and partly run by the Trump family, will tokenize loan revenue interest from a new Trump International Hotel and Resort in the Maldives. Tokenization is the process of putting an asset on the blockchain to turn it into a crypto token that can be easily traded, in this case, a loan used to fund the construction of a hotel. Investors who buy tokenized pieces of the loan will be entitled to a portion of the interest payments made on it. According to WLF documents, DT Marks DEFI LLC, which is owned by the Trump family, reserves the right to receive 75% of the revenue generated from $WFLI token sales after expenses. The offering won't be available to everyone. Show less Read more
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