Trump family crypto venture announces new forex remittance platform

World Liberty Financial plans to launch World Swap to offer lower fees for global remittances. The move expands Trump family crypto ventures amid ethics debate.

World Liberty Financial announced plans on Thursday to launch World Swap, a new foreign-exchange and remittance platform, during the Consensus (Web 3 event in Hong Kong) HKHK. The venture, which is backed by the family of United States USUS President Donald Trump, intends for the platform to connect users to debit cards and bank accounts worldwide while settling remittances at lower fees than incumbent providers.
Donald Trump Jr. and Eric Trump look on before ringing the opening bell to celebrate the closing of ALT5’s $1.5 billion offering and adoption of its $WLFI Treasury Strategy at the Nasdaq Market in New York City, U.S., August 13, 2025. REUTERS/Eduardo Munoz/File Photo
Donald Trump Jr. and Eric Trump look on before ringing the opening bell to celebrate the closing of ALT5’s $1.5 billion offering and adoption of its $WLFI Treasury Strategy at the Nasdaq Market in New York City, U.S., August 13, 2025. REUTERS/Eduardo Munoz/File Photo
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