Key Insights
- Donald Trump has publicly endorsed a DeFi cryptocurrency project led by two of his sons, criticizing big banks and financial elites in his announcement.
- The project, known as “The DeFiant Ones,” has a Telegram channel with nearly 40,000 subscribers and is linked to recent trademark filings for terms including “Be DeFiant” and “World Liberty Financial.”
NEW YORK (MarketsXplora) – Former U.S. President Donald Trump has publicly endorsed a decentralized finance (DeFi) cryptocurrency project spearheaded by two of his sons, marking a significant foray into the digital asset space for the Trump family.
In a post on his social media platform Truth Social, Trump criticized big banks and financial elites, stating,
“For too long, the average American has been squeezed by the big banks and financial elites. It’s time we take a stand—together.”
The post was accompanied by the hashtag BeDefiant and a link to the project’s official Telegram channel.
The Telegram channel, titled “The DeFiant Ones,” describes itself as the “Official Trump DeFi Channel” and has amassed nearly 40,000 subscribers since its creation on August 7. Recent posts on the channel have hinted at upcoming “important updates and announcements.”
Donald Trump Jr. had previously addressed rumors about the crypto project on X (formerly Twitter), urging followers to join the official Telegram channel for accurate information. This followed an earlier teaser announcement about the project, also using the hashtag BeDeFiant.
The project’s branding aligns with recent trademark filings by AMG Software Solutions for terms including “Be DeFiant,” “World Liberty,” and “World Liberty Financial.” The latter trademark specifically pertains to “providing financial information in the field of decentralized finance (DeFi).”
Meet Samson Ononeme, a dynamic writer, editor, and CEO of marketsxplora.com. With a passion for words and a sharp business acumen, he captivates readers with captivating storytelling and delivers insightful market analysis.