Trump Unveils Cryptocurrency Game Inspired by Monopoly for Earning In-Game Cash

Trump Unveils Cryptocurrency Game Inspired by Monopoly for Earning In-Game Cash

Please note that this content is not intended as investment advice. The author does not hold any positions in the stocks referenced herein.

Trump Expands Digital Footprint with New Crypto Game

Following the recent launch of his NFT cards and the introduction of the USD1 stablecoin along with the $TRUMP meme coin, former President Donald Trump appears poised to unveil an innovative crypto game. This game draws inspiration from the popular MONOPOLY GO!, aiming to create an engaging virtual economy.

According to a report from Fortune, Trump is anticipated to soon announce his latest venture: a digital board game where participants can earn in-game currency by acquiring and developing properties in a virtual city setting. Bill Zanker, a long-time associate of Trump, is leading the development of this project, which is set to launch later this month. However, Zanker has dismissed claims that the game closely resembles MONOPOLY GO!.

Continuing a Trend of Innovative Business Ventures

This upcoming game adds to a growing portfolio of commercial enterprises initiated by Trump and his family. Recently, they have garnered substantial profits from the $WLFI token, the governance token for the World Liberty Financial DeFi platform. Notably, the launch of the $TRUMP meme coin created a brief surge in Trump’s net worth, reportedly bringing it to around $70 billion just prior to his inauguration.

Strategic Partnerships in the Crypto Sphere

Trump Media and Technology Group (TMTG), in which Trump holds the majority stake through a trust, has recently formed a partnership with Crypto.com. This collaboration aims to develop various cryptocurrency-related ETFs under the Truth. Fi brand, alongside Yorkville Advisors. The CEO of Crypto.com indicated that these ETFs would include an innovative basket of tokens, featuring CRO as part of their offerings, and are expected to launch once they receive the necessary regulatory approvals later this year.

Further elevating the excitement around TMTG, the Financial Times reported in November that the firm was engaged in negotiations for the potential acquisition of Bakkt, a prominent cryptocurrency exchange operated by the Intercontinental Exchange. Recently, the board of Trump Media approved the establishment of a strategic acquisition fund involving selected investors, fueling speculation about the imminent purchase of Bakkt.

As Trump ventures deeper into the world of cryptocurrency and digital finance, the implications of these developments could be significant, both for his personal brand and the broader market.

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