Donald Trump Jr. and Eric Trump Tease Major Crypto Announcement
Donald Trump Jr. and Eric Trump have sent the crypto world into a frenzy with cryptic tweets hinting at a major announcement related to cryptocurrency and decentralized finance (DeFi).
The Trump Brothers Drop Hints
Over the past 24 hours, both sons of the former U.S. President have taken to social media to tease their upcoming venture. Donald Trump Jr. tweeted, "We're about to shake up the crypto world with something HUGE. Decentralized finance is the future, don't get left behind," using the hashtag #BeDeFiant.
Eric Trump had previously tweeted about his enthusiasm for the crypto sector, stating, "I have truly fallen in love with crypto/DeFi. Stay tuned for a big announcement."
Clues Point to Collaboration with Steve Witkoff and Chase Hero
The posts have sparked speculation about a potential collaboration with real estate mogul Steve Witkoff and his son Zach. Steve Witkoff, a friend of the Trump family, also posted a message using the #BeDeFiant hashtag, which was subsequently reposted by Zach Witkoff.
Adding to the intrigue, both Witkoffs are associated with Chase Hero, a crypto entrepreneur and managing partner of Subify, an OnlyFans competitor with YouTuber and crypto investor Logan Paul as a client.
Trademark Applications and Martin Shkreli's Involvement
Further fueling the speculation, AMG Software Solutions filed trademark applications for the terms "Be DeFiant," "World Liberty," and "World Liberty Financial." The third trademark is described as providing financial information in the field of decentralized finance (DeFi).
The registered address for AMG Software Solutions matches that of Subify LLC, linking the project to Chase Hero.
Controversial former pharmaceutical executive Martin Shkreli also added to the buzz, claiming involvement in a Trump-themed memecoin in June and posting on Wednesday that the "new Trump project involves" Steve Witkoff and Zak Folkman, a co-founder of Subify.
Anticipation Builds for the Big Announcement
While the exact details of the project remain under wraps, the involvement of these high-profile figures and the strategic use of social media hints at a potentially significant development in the crypto and DeFi space.
The unfolding events and their potential impact on the cryptocurrency market will likely be a hot topic at Benzinga's Future of Digital Assets event on November 19th.