Zach Witkoff Plans Blockchain-Based Tokenisation Of Trump Properties

Core Insights - The Trump family is exploring the tokenisation of their real estate assets, particularly Trump Tower Dubai, to make high-end real estate investments more accessible to everyday investors [1][2][5] - Zach Witkoff, co-founder of World Liberty Financial, is leading this initiative and aims to bring iconic Trump properties onto the blockchain [1][4] - The tokenisation concept is still in its early stages, with Witkoff highlighting the limitations of current investment avenues like REITs and public corporations [3][4] Company Developments - World Liberty Financial, co-founded by Zach Witkoff, has launched a stablecoin (USD1) and plans to introduce lending and borrowing features [3] - ALT5 Sigma, another company led by Witkoff, is a publicly traded treasury firm that holds WLFI tokens and positions itself as a platform for issuing and trading tokenised assets [4] - The Trump family has been increasing its involvement in the crypto space, including ventures into Bitcoin mining and digital asset funds [5] Industry Trends - The tokenisation of real estate has faced challenges due to regulatory hurdles and past failures, but the landscape is changing with major players like BlackRock entering the market [4][5] - Research from Animoca Brands suggests that tokenising real-world assets could unlock access to a $400 trillion traditional finance market [7] - The Trump Tower International Hotel and Tower in Dubai is highlighted as a significant project within this tokenisation initiative, featuring luxury amenities [6]