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The Trump family’s crypto project WLFI is recruiting a Chief Financial Officer for its proposed crypto bank.
PANews January 16 News, according to Bloomberg, the Trump family’s crypto project World Liberty Financial is seeking a banking license. Its new entity, “World Liberty Trust Co.,” submitted the application on January 5. According to the application documents, the company’s current Chief Financial Officer position is still “to be determined,” but informed sources say they plan to fill the position soon. If approved, the license will allow World Liberty Trust Co. to exercise banking functions in specific ways, including asset protection, which is also part of the company’s goal to promote the mainstream application of its USD1 stablecoin.