The crypto token of a project backed by US President Donald Trump fell on its first day of trading on Monday.
WLFI, the token of the Trump family’s World Liberty Financial, fell 16 per cent to about $0.23, according to CoinDesk data.
It marks the latest way that the Trump family and their associates are seeking to profit from crypto, an industry that the president has championed through pushing forward legislation and appointing friendly regulators.
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