World Liberty Delays Maldives Resort Token Sale as Iran War Disrupts Travel
World Liberty Financial, co-founded by President Donald Trump and members of his family, has sought to expand beyond conventional cryptocurrencies into tokenized real-world assets. On Feb. 18, the venture announced a partnership with London-listed developer DarGlobal and tokenization platform Securitize to put loan-revenue interests from a Trump-branded Maldives resort on public blockchains. The planned securities would offer eligible investors a fixed yield and a share of loan cash flows. The size of the offering was not disclosed.
The token sale, originally expected in spring 2026, has been postponed after the war with Iran disrupted regional flights and travel, people familiar with the matter said on Aug. 13. No revised launch date has been set. The unfinished resort is planned to include about 80 ultra-luxury beach and overwater villas. DarGlobal said it regularly reviews development schedules against market conditions and regulatory requirements. World Liberty declined to comment, while The Trump Organization did not respond.
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The history behind this eventTrump Family’s World Liberty Financial Expansion Raises Conflict-of-Interest Concerns
The Trump family launched World Liberty Financial (WLFI) in September 2024, issuing a governance token and developing businesses including stablecoins. Trump-affiliated companies are entitled to about 75% of net token-sale revenue. The arrangement overlaps with presidential powers, crypto regulation and national Bitcoin reserve policy, breaking with the practice of previous presidents using blind trusts to mitigate conflicts of interest.
TRON founder Justin Sun invested $30 million on November 25, 2024, and another $45 million in January 2025, bringing his total investment to $75 million. WLFI’s token sales had reached $550 million as of March 2025. The Trump administration established a Strategic Bitcoin Reserve on March 6 that year, while chip-export and foreign-policy decisions also affected the interests of financial backers, prompting lawmakers and ethics experts to demand more comprehensive disclosures.
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