Trump family's World Liberty Financial delay plans to sell Maldives resort token
World Liberty Financial has delayed the sale of a token tied to a Trump-branded resort in the Maldives. The postponement is attributed to regional instability caused by the Iran war, and the company's native token has seen significant price volatility.
Why it matters
The delay highlights the intersection of geopolitical risk and the emerging real-world asset (RWA) tokenization market.
The token was planned to go on sale next year, giving investors a share of revenue from loans financing the Trump-branded resort, but this has been pushed back due to the Iran war disrupting travel in the region, according to the report, citing people familiar with the matter.
World Liberty Financial tapped real-world asset (RWAs) platform Securitize in February to help represent loan interests tied to the resort’s development as a digital token that could be traded onchain.
It is unclear when the token will now be listed.
The venture is part World Liberty Financial’s plans in tokenization, the representation of RWAs on blockchains in token form. WLFI is exploring this concept not just in real estate, but in commodities like oil and gas .
A World Liberty Financial spokesperson declined to comment, according to Bloomberg’s report. The company did not immediately respond when contacted by CoinDesk for additional comment.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in