Trump Barely Mentions Crypto During Interview About Cryptocurrency.

Cryptocurrency enthusiasts listened to former President Donald Trump talk about digital currencies and his upcoming crypto business plans on the X Spaces show. However, Trump provided few details and spent about half of the interview discussing the recent assassination attempt in West Palm Beach, Florida.

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The interview was hosted by the president of a cryptocurrency media startup called “Rug Radio.” He first asked Trump about the incient that happened Sunday, which Trump then recounted in detail.

More than 16 minutes later, Trump finally got to the main topic of the interview.

“Crypto is one of the things we have to do,” Trump said. “Whether we like it or not, we have to do it.”

“You guys are going to be happy, and you’re going to love your crypto,” he added. “As long as you have crypto, you’re going to be happy.”

Trump provided few details about his new crypto venture, World Liberty Financial. However, more than two hours into the broadcast, some of the company’s founders explained that it is a sort of crypto banking platform, according to CNBC. They said customers will eventually be able to buy, sell, borrow and lend cryptocurrency through the platform.

Co-founder Zak Folkman also announced that the company will launch with its own cryptocurrency token called WLFI. According to CNBC, at least 20% of the initial tokens will be held by the company's founders, 63% will be offered to customers, and the remaining 17% will be held as a reward for customers.

Trump spoke at length about the influence of his sons, Don Jr., Eric, and Barron, on the company, saying that they were the ones who got him interested in the industry despite his initial indifference.

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"I think my kids opened my eyes more than anything," Trump said.

"Barron is young, but he understands this. He talks about his wallet, he's got four wallets or something like that... But he understands it very well," Trump said. "Eric and Don understand it very well, it seems like the younger generation understands it more than the older generation. But I have a lot of respect for them, they've shown tremendous judgment—all of them," he added.

Steve Witkoff, the real estate developer who golfed with Trump during Sunday’s incident, is also reportedly a key figure in the new project, along with his son, Zach Witkoff.

A source told the New York Times that the senior Witkoff has taken a hands-on role in the venture. He even sat next to Trump during an interview on Monday and answered questions after Trump ended the session.

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“I said, ‘Who better to understand this than the Trump family?’” Witkoff said. “We had an initial meeting with Eric, Don Jr., the president, and his legal counsel. And we said, ‘Let’s go after this.’ We’ve been working on it for almost nine months.”