TradingKey – A rift has emerged within the Trump family's crypto initiatives, as World Liberty Financial and TRUMP Meme each announce plans to launch separate wallets.
On Wednesday, June 4, Donald Trump Jr., co-founder of WLFI and eldest son of former U.S. President Trump, denied any connection between Magic Eden and TRUMP Meme’s wallet development.
In a social media post, Trump Jr. stated,"The Trump Organization has no affiliation with this wallet." He further revealed,"We have been working hard on World Liberty Financial, and we will soon launch our official wallet."
On Tuesday, NFT marketplace Magic Eden announced,"We are collaborating with the team behind TRUMP Meme Coin and other projects to launch a Trump-branded digital wallet and trading app."
TRUMP Coin is a meme coin, with TRUMP Meme serving as its official entity. World Liberty Financial is a decentralized project, with WLFI functioning as its token.
Donald Trump Jr.'s statement highlights the distinction between the two entities, confirming they operate separately and may each launch independent wallets moving forward.