Eric Trump Confirms Plans to Tokenize Real Estate With World Liberty Financial

Core Insights - Eric Trump is working on a real estate tokenization project linked to a building under development, aiming to offer fractional ownership to the public through World Liberty Financial's crypto infrastructure [1][4] - The tokenization model is designed to democratize investment opportunities, allowing retail investors to buy micro-shares in high-profile properties, potentially starting from as low as $1,000 [4] - World Liberty Financial, co-founded by Eric Trump, focuses on integrating crypto with traditional financial services and plans to launch a debit card and retail application to facilitate everyday payments using its stablecoin, USD1 [5] Group 1 - The tokenization process involves converting traditional assets like real estate into digital tokens for easier buying, selling, and transferring on blockchain platforms, a trend gaining traction among global banks and asset managers [3] - Eric Trump envisions a model where investments can be sourced directly from the public rather than relying on traditional financing methods, such as banks [4] - The initiative aims to leverage the existing global supporter base of the Trump family, potentially broadening access to investment opportunities [4] Group 2 - The full interview discussing these plans will be available on CoinDesk's YouTube channel on October 21 [6] - World Liberty Financial's recent developments include plans for a debit card and a retail application, enhancing the usability of its stablecoin for everyday transactions [5]