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Fintech firm World Liberty Financial hits $1B valuation after deal with Trump family's crypto platform

Market News
08 Aug 2026, 20:00 WIB
Crypto Briefing
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Bullish
Fintech firm World Liberty Financial hits $1B valuation after deal with Trump family's crypto platform

World Liberty Financial, a fintech company linked to the Trump family's crypto platform, reached a $1 billion valuation following a major token acquisition deal in 2025. The Trump family holds significant stakes and revenue shares in the venture, with over $500 million income reported from this crypto project alone in 2025. The platform is expanding its offerings with lending products and a stablecoin, but investors should be cautious of potential token sell-offs and the valuation's heavy reliance on political ties rather than core financial metrics. The project’s market cap is around $1.6 billion as of mid-2026, with a large portion of tokens yet to be released.

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Ether longs worth $11.59M liquidated as ETH price drops 1.24% in one hour

Ether longs worth $11.59M liquidated as ETH price drops 1.24% in one hour

Ether (ETH) experienced $11.59 million in long position liquidations within an hour ending at 6:10 p.m. ET on Nov. 5, part of a total $13.16 million liquidated across Binance, Bybit, and OKX exchanges. The price of ETH fell from $2,236 to $2,208, a 1...

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LEPAS L6 EV impresses global drivers with versatile performance and smart features on 700 km test journey.

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LEPAS L6 EV impresses global ambassadors with versatile performance on 700 km elegant driving journey.

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LEPAS L6 EV impresses global ambassadors with smooth performance and smart features on 700km test drive.

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During the first LEPAS Global Elegant Lifestyle Week, 34 Elegant Driving Ambassadors from 15 countries participated in the inaugural LEPAS Global Journey of Elegant Driving, driving the LEPAS L6 EV nearly 700 kilometers from Shanghai to Wuhu. The jou...

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LEPAS L6 EV impresses global ambassadors with smooth performance and smart features on 700 km elegant driving journey

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