TLDR
- Eric Trump confirmed plans to tokenize a real estate building under development using World Liberty Financial’s blockchain platform
- Investors could buy fractional ownership stakes starting at $1,000 without traditional bank financing
- The project will integrate World Liberty Financial’s USD1 stablecoin for transactions and ownership tracking
- Tokenized property shares may include perks like hotel benefits and exclusive access for investors
- World Liberty Financial is launching a debit card and retail app to support USD1 stablecoin payments
Eric Trump announced plans to tokenize a real estate property through World Liberty Financial during an October 15 interview with CoinDesk TV. The project represents a new approach to property investment using blockchain technology.
The co-founder of World Liberty Financial said he is currently working on tokenizing one specific building under development. Trump described the initiative as a way to offer fractional ownership to everyday investors.
“We are working on it as it pertains to one specific building that I’m doing right now,” Trump stated. “I think it’s going to be absolutely incredible.”
The tokenization project will use World Liberty Financial’s USD1 stablecoin as its foundation. This approach would allow investors to purchase shares in Trump properties without going through traditional banks.
Trump proposed a minimum investment of $1,000 for fractional ownership. Investors would receive partial stakes in high-profile properties along with potential benefits tied to the buildings.
“If I decided to build a hotel in Washington, D.C. or in Dubai or in New York, why do I have to go out using Deutsche Bank?” Trump explained. “Why can’t I go out to the masses?”
How Real Estate Tokenization Works
Tokenization converts physical assets like real estate into digital tokens on blockchain networks. These tokens represent ownership shares that can be bought, sold, and transferred through crypto infrastructure.
The technology allows property owners to raise capital directly from retail investors. It eliminates intermediaries like banks and investment firms from the funding process.
World Liberty Financial co-founder Zach Witkoff first mentioned bringing Trump real estate onto blockchain in early October. He discussed the concept at the Token2049 conference in Singapore.
Investors who purchase tokenized shares would gain partial ownership rights. They could also receive perks such as hotel discounts or exclusive property access based on their holdings.
World Liberty Financial’s Expanding Ecosystem
World Liberty Financial launched in 2024 to connect cryptocurrency infrastructure with traditional financial services. The protocol focuses on making digital assets accessible for everyday transactions.
The company announced plans last month to release a debit card and mobile application. These products will enable users to spend USD1 stablecoin for regular purchases.
The debit card and app could provide the payment infrastructure needed for tokenized real estate investments. Investors would manage their property holdings through the World Liberty Financial platform.
Trump did not specify which building will be tokenized first. He also did not provide a launch timeline for the real estate tokenization project.
The initiative aims to democratize access to luxury property investments. Traditional real estate projects typically require large capital commitments from institutional investors or wealthy individuals.
World Liberty Financial’s tokenization model would open these opportunities to a broader range of participants. Investors could build diversified real estate portfolios with smaller amounts of capital across multiple properties.
