According to the New York Post, the Trump Organization, a big business group connected to former U.S. President Donald Trump, is getting ready to start a new cryptocurrency project.

Will Trump Crypto Venture Succeed?

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• Trump Organization’s Crypto Plans: The Trump Organization wants to get into cryptocurrency. Eric Trump mentioned they might work on projects like “digital real estate.”
• Eric Trump’s Excitement: Eric Trump is thrilled about cryptocurrency and thinks it can change how banks work.
• Eric Trump wants people to manage their money without depending on big banks. An announcement about this will be made soon.

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Eric Trump, the son of former President Trump and a leader in the Trump Organization, talked about this new project in an interview. He didn’t give away all the details but mentioned that it might involve “digital real estate.” This could mean people can lend or borrow money using this new digital money. Eric promised that there would be an official announcement once everything was ready.

Earlier this month, Eric Trump, excited about cryptocurrency, shared his thoughts on X (which used to be Twitter). He said, “I have really started to love Crypto/DeFi. Stay tuned for a big announcement.”

When Eric spoke to the Post, he said cryptocurrency is fair because anyone can use it easily. He mentioned, ‘Everyone can access it quickly. People don’t realize how much it could change banks and money.’ He also shared that his family has faced some money challenges in the past.

According to Eric, blockchain will make it possible to run their business in an obvious way so that everybody else can see how the whole mechanism runs and thus make it run even more smoothly. This might change how things are done and help people do better. 

There’s also a suggestion that they could team up with famous cryptocurrency companies.. By collaborating, they can learn from these companies and make their project even better and more reliable

Eric said, “We all want to be able to handle our money in our way and not always follow the big banks’ rules. That day’s coming soon.”