Traditional Finance Leaders Meet Crypto Executives at Trump's Mar-a-Lago Gathering
The Trump family's cryptocurrency platform hosted its first major gathering in Florida, bringing together financial industry leaders, digital asset executives, lawmakers, and regulatory officials.
The Trump family's exclusive Mar-a-Lago estate in Florida became the venue for a convergence of traditional banking powerhouses, cryptocurrency industry leaders, and United States government representatives on Wednesday, as the family's extensive digital asset venture hosted a landmark gathering.
Among the notable attendees at the invitation-only World Liberty Forum were Brian Armstrong, chief executive of Coinbase, and Changpeng Zhao, Binance's co-founder who received a presidential pardon from Donald Trump the previous year. They were joined by David Solomon, Goldman Sachs' top executive, as well as senior leaders from both the Nasdaq exchange and the New York Stock Exchange.
The gathering witnessed a notable warming to cryptocurrency from traditional financial industry leaders and American regulatory authorities, with Solomon—who has historically maintained skepticism toward digital currencies—revealing from the stage that he currently holds "a little Bitcoin, very little," as reported by an event participant.
"The great irony is this whole world has gone full circle," Eric Trump was quoted as saying during the event, according to Bloomberg's coverage.
There's people in this room that were probably on the opposite side of us, that were canceling bank accounts for us, that were kicking us out of their big banks for no reason other than the fact that my father was wearing a hat that said, 'Make America Great Again.'
Mike Selig, who chairs the Commodity Futures Trading Commission—an organization actively seeking to establish regulatory oversight of the cryptocurrency sector—was present at the gathering, alongside Republican senators Ashley Moody and Bernie Moreno.
World Liberty announces tokenization tie-up for Trump hotel
During the forum, World Liberty revealed a new collaboration with Securitize, a company specializing in tokenization services, announcing intentions to tokenize loan revenue interests associated with a forthcoming Trump-branded luxury resort development in the Maldives.
According to the company's statement, this partnership represents part of a "broader strategy to design, structure, and distribute [World Liberty]-branded tokenized real-world asset offerings."
Back in November, the Trump Organization made public its plans to tokenize the development associated with this project, which is being constructed by real estate development firm DarGlobal. The luxury resort property is scheduled for completion in 2030 and will include 100 premium villas.
According to World Liberty's announcement, the investment opportunity will provide participants with "both a fixed yield and loan revenue streams" generated by the resort operations, offering access to "both potential income distributions and the potential for certain profits upon any future sale."
The company further clarified that this particular offering would be limited exclusively to qualified accredited investors located within the United States and that access would be facilitated through "select third-party partners and wallets."