Trump-Branded Resort Delays Digital Token Plan on Iran War
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world World Liberty Financial and its partners have delayed plans to sell a digital token tied to a Trump-branded resort in the Maldives, putting on hold one of the more ambitious projects in the crypto venture’s push to bring real-world assets onto the blockchain. The token, which would give investors a share of revenue from loans financing the resort, was supposed to go on sale this spring. The offering has been pushed back as the war with Iran disrupts travel across the region, according to people familiar with the matter, who asked not to be named because the delay hasn’t been made public.