BlockBeats News, February 24th. According to multiple sources, the Trump-supported crypto project World Liberty Financial (WLFI) plans to build a luxury resort in the Maldives consisting of 100 beachfront and overwater villas, with the project's development phase involving tokenized financing. WLFI stated that this move will open up the early-stage "high-yield development profits" of commercial real estate development to token holders, with the related tokens expected to provide investors with fixed income and loan interest sharing.
Eric Trump, son of Trump, commented on this, stating, "Excited to bring the Trump brand to the Maldives and merge these two amazing worlds – the convergence of tangible assets and digital assets. WLFI will lead this process!"
