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World Liberty Financial (WLFI), associated with U.S. President Donald Trump, has announced intentions to tokenize the rights to income generated from financing the construction of the Trump International Hotel & Resort in the Maldives. This marks the inaugural project for tokenizing real-world assets (RWA) under the WLFI brand.
Investors will be invited to fund the development of a luxury hotel complex, which is scheduled to open in 2030. The resort will be situated in the central region of the archipelago and will feature approximately 100 villas both on land and over water. According to WLFI, the crypto product will enable investors to earn a fixed income from lending to the project, along with a share of the profits upon the eventual sale of the property. Specific returns have not been disclosed.
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The initial token offering is set to occur on supported public blockchains utilizing digital wallets. In jurisdictions where permitted by law, users will have the option to use tokens as collateral through WLFI Markets — the WLFI ecosystem service for lending against crypto assets.
Participation requires verification of accredited investor status — with a net worth of at least $1 million or an annual income of $200,000. The tokens will not be registered as securities, thus they will be subject to restrictions on transfer and resale. They will not be freely tradable on cryptocurrency exchanges for retail investors.
It was previously reported that an entity linked to the UAE royal family secretly agreed to acquire 49% of World Liberty Financial for $500 million shortly before Trump’s inauguration. According to The Wall Street Journal, the stablecoin USD1, pegged to the dollar, was utilized in the investments made by MGX in the cryptocurrency exchange Binance.
