Eric Trump plans to tokenize real estate, seeks retail investor participation

Eric Trump, co-founder of World Liberty Financial (WLFI) and son of President Trump, said in an interview with CoinDesk that he plans to tokenize a new real estate project from the Trump Organization. He stated that the initiative would involve WLFI and its proprietary stablecoin, USD1. Trump added that they are exploring tokenization as a way to raise funds without banks and to allow participation from ordinary retail investors. This follows a previous announcement by WLFI CEO Jack Witkoff at the TOKEN2049 conference, where he revealed plans to tokenize real estate owned by the family of U.S. President Donald Trump.