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More than two hours into Republican former President Donald Trump‘s “state of crypto” event on X Monday night, the team behind the Trump family’s new crypto project finally unveiled a key detail: Who can buy the forthcoming tokens it plans to release, and how shares of the project will be allotted.

For over a month, the former president and his family have been pumping up a project called World Liberty Financial, promising that it will do many things at once.

Lofty descriptions from those involved Monday night suggest that “World Liberty Financial” will be a sort of crypto banking platform, where the general public would be encouraged to borrow, lend and invest in crypto.

There will also be an accompanying token called WLFI, founders said Monday.

According to founder Zak Folkman, the equity structure for these tokens will be: 20% of the project’s tokens allotted to the founding team, which includes the Trumps, 17% of tokens set aside for user rewards, and the remaining 63% of the coins to be made available for the public to purchase.

There will be no pre-sales or early buy ins, Folkman said.

An earlier leaked draft of an internal project outline had the founders’ share at 70%, sparking concerns that the project would be little more than a get-rich-quick scheme.

The token will be a Reg D token offering, which follows the Securities and Exchange Commission’s Regulation D — a provision that makes it possible for a company to raise capital without first registering their securities with the commission so long as certain conditions are met.

These were themes Trump covered in a conversation early in the more than two hour call, talking about the perceived hostility of the Securities and Exchange Commission towards the digital currency industry.

Several high profile figures in the industry take issue with SEC Chair Gary Gensler, claiming that he is regulating the industry through enforcement actions, rather than with rules.

Over the course of Trump’s 40-minute fireside chat, he talked about how he “wasn’t overly interested” in crypto initially. But that changed, he said, when sales of his Trump trademarked nonfungible token collections were paid for with crypto. “I think my children opened my eyes more than anything else.”

Monday’s event came at an unprecedented moment for Trump’s presidential campaign.

On Sunday afternoon at Trump International Golf Club in West Palm Beach, Florida, Trump and his longtime friend and political donor, Steve Witkoff, were between the fifth and sixth holes on the course when gunshots were fired. The FBI has characterized the incident as an apparent assassination attempt on the former president.

Witkoff is a longtime friend of Trump’s. He’s also part of the small group of World Liberty Financial founders, according to an internal report on the project obtained by CoinDesk.

Witkoff was seated to Trump’s right during Monday night’s spaces, and described how he brought the Trump family together two crypto entrepreneurs.

“My son introduced me to two partners, Chase Herro and Zak Folkman, who are exceptionally bright people …These guys are as smart as any currency traders I’ve ever met. And they began talking to me about decentralized finance, which means frictionless finance, and why it made sense for people and about the forgotten, who can’t get credit out there,” he said.

“As I began to understand that, I said, ‘Who would understand this better than this than the Trump family?’ And we had a meeting initially with Eric, Don Jr, and the president and his counsel. And we said, Let’s go pursue it. We’ve been on it for close to nine months,” said Witkoff.

Along with Trump, Witkoff is one of at least a half dozen members of the project’s “leadership team.”

As Witkoff spoke, the parallels with Trump’s other venture, Trump Media Technology Group, were unavoidable.

In that case, two former cast members on Trump’s NBC hit “The Apprentice” approached Trump in 2021 with an idea for a new, conservative social network. Three years later, TMTG’s stock has boosted Trump’s net worth by billions of dollars, and Truth Social is his platform of choice.

Alongside Trump and Witkoff, founders include Donald Trump Jr., Eric Trump and Barron Trump, as well as Witkoff’s son, Zach Witkoff, according to a person briefed by a member of the group’s founding team.

A copy of an early internal report, known as a white paper and obtained by CoinDesk, listed Barron as “Chief DeFi Visionary,” Eric and Donald Jr. as “Web3 Ambassadors,” and Trump Sr. as “Chief Crypto Advocate.”

But while the Trumps will receive compensation from the project, Bloomberg reports that the platform itself is “not owned, managed, operated or sold” by members of the Trump family.

Witkoff, a real estate investor, and Eric Trump, executive vice president of the Trump Organization, are the two people calling the shots at World Liberty Financial, according to a person familiar with the project. Both are new to the crypto industry.

CNBC reached out to Eric Trump and Witkoff to ask about their leadership roles within World Liberty, and didn’t immediately receive a reply.

Until Monday, much of what the public knew of World Liberty was based on interviews Trump’s sons had given to the press over the past month, as well as the leaked white paper that served as a sort of crypto project manifesto, and conversations with people familiar with the project.

Anyone who wanted material details of the platform, including the white paper, was being asked to sign a non-disclosure agreement, according to a person familiar with the project

Some visible members of the industry newly cozied up to Trump in 2024, lending their cash and endorsement to the Republican presidential nominee, as he adopted increasingly bullish talking points on the campaign trail, which culminated in the GOP pick delivering a keynote address at the biggest bitcoin event of the year in Nashville in July.

Some of those supporters however, say they are concerned that this foray into crypto could jeopardize Trump’s rapport with the sector more broadly if the launch doesn’t go as planned.

A person familiar with the project says that Donald Trump, Sr. isn’t that involved in the platform thus far.

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EcoFlow DELTA 2 Max bundle with 500W panel $1,405, Bluetti AC180P station at new exclusive $461 low, Aiper, EGO, Greenworks, more

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EcoFlow DELTA 2 Max bundle with 500W panel ,405, Bluetti AC180P station at new exclusive 1 low, Aiper, EGO, Greenworks, more

We’re kicking off this week’s Green Deals with a mix of new all-time and 2025 low prices, led by the extended EcoFlow Father’s Day Sale that has added new member-only deals, like the first-time offer of the DELTA 2 Max Solar Generator bundle with a 500W bifacial modular panel at $1,405, among others. We also secured a new and exclusive low price on the Bluetti AC180P Portable Power Station for $461, while also noticing Aiper’s Surfer S2 Solar Robotic Pool Skimmer hitting a new $306 low. From there, we have two tool discounts, with the first being on EGO’s 56V 14-inch Cordless Electric Chainsaw for $189, and the second being on Greenworks’ 40V 10-inch Cordless Tiller/Cultivator for $206. Plus, there’s all the rest of the hangover Green Deals from last week in the links at the bottom of the page, collected together in our Electrified Weekly roundup.

Head below for other New Green Deals we’ve found today and, of course, Electrek’s best EV buying and leasing deals. Also, check out the new Electrek Tesla Shop for the best deals on Tesla accessories.

EcoFlow extends Father’s Day Sale with new bundles like the DELTA 2 Max with a 500W panel at $1,405

EcoFlow has extended its Father’s Day Sale offers through June 22, which is including most of the savings we’ve been seeing alongside ongoing sitewide bonus savings. The big changeup with this extension is the addition of more member-only pricing (free to sign up), which includes a first-time offer for the DELTA 2 Max Solar Generator bundle with a 500W bifacial modular panel for $1,405.05 shippedafter using the sitewide code EFFDAFF5 at checkout for an additional 5% off. This package deal is getting a 48% combined markdown here for the next few days, bringing costs down from its full $2,699 price tag. We typically see its variant bundle with two 220W panels selling for between $1,499 and $1,424 during recent sales. This bundle, however, offers more solar input for $19 less, setting the bar for future discounts in the process, while also running you a bill for $1,998 at Amazon right now when grabbing the power station and 500W panel separately.

A great mid-range and expandable backup power option, the EcoFlow DELTA 2 Max brings a reliable 2,048Wh LiFePO4 battery along for your trips into the wilds or even to cover appliances during unexpected blackouts. With the addition of its compatible expansion batteries, you can increase that capacity up to 6,144Wh. There’s also the 2,400W of steady power you’ll get through its 15 output ports, surging as high as 3,400W once its X-Boost mode has been activated within its companion app.

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With EcoFlow’s DELTA 2 Max, you can connect up to two panels, with the station boasting a 1,000W max solar input for solar charging, while also being able to refill its battery through a wall outlet (1.1 hour recharge), or through dual charging by solar and AC simultaneously to reach 80% in 43 minutes. With the purchase of an alternator charger, you can also take advantage of charging as you drive.

***Note: The additional 5% in savings has not been factored into the prices below, so be sure to use the code EFFDAFF5 at checkout for the maximum savings!

EcoFlow’s new Father’s Day member-only deals:

You can browse the rest of EcoFlow’s extended Father’s Day Sale lineup in our original coverage here, and don’t forget that you’ll have until June 22 to take advantage of these deals before the sale officially ends.

Bluetti AC180P portable power station

Pick up Bluetti’s AC180P 1,440Wh LiFePO4 power station with exclusive $438 savings to a new $461 low

We’ve secured an exclusive new low price from Wellbots for our readers on the Bluetti AC180P Portable Power Station for $461.34 shippedafter using the exclusive code BLUETTI9TO5 at checkout. You’d normally be shelling out $899 for this unit at full price here, while it carries a higher $999 tag directly from the brand and can be found as high as $1,099 at other retailers. We’ve had two previous exclusive deals on this model over the last year, the first being in October for $499, while in February it was brought down to $487. The savings are increasing even more today, as this combined 49% markdown cuts $438 from the going rate and lands it at a new all-time low.

Bluetti’s AC180P power station comes as the largest unit in the brand’s AC180 series, providing you ample support for off-grid camping while also having your back for essential emergency power. There’s a 1,440Wh LiFePO4 capacity here, with it dishing out a steady output of up to 1,800W (surging as high as 2,700W when needed). What’s nice about power stations is their ability to retain charges for long periods of emergency backup, with this model able to hold an 80% charge for three to six months, letting you always have it at the ready by just charging it two to four times throughout the year. There’s more output ports here too, with it providing four ACs, four USB-As, one USB-C, one DC car port, and even a wireless charger.

There’s a versatile array of charging options too, with turbo-charging tech lending to a 45-minute charge time to an 80% battery (100% in 1.8 hours) via a standard wall outlet. You can also connect up to its 500W max solar input to refill the battery in 3.3 hours via the sun, or you can plug it into your car’s auxiliary port for a 12.5-hour charge, which is esepcially helpful while driving (as it could drain the car battery if left for too long).

Aiper Surfer S2 Solar Robotic pool skimmer

Automate pool skimming with Aiper’s latest solar-charging Surfer S2 robot at a new $306 low

By way of its official Amazon storefront, Aiper is now offering the best price yet on its Surfer S2 Solar Robotic Pool Skimmer at $305.98 shipped, which also matches its direct pricing from the brand’s site. This model has only been on the market since January, with it previously carrying a $540 price tag, though we’ve been more recently seeing it keep down at $400, with discounts having taken it as low as $320 up until today. It’s beating out our previous mention from last month by $14, giving you a great opportunity to upgrade your pool cleaning routine at the best new price we have tracked.

Aiper’s Surfer S2 robot comes with improved designs over its first-generation predecessor, including its DebrisGuard anti-leak design, a more powerful brushless motor, and a larger suction inlet that is paired alongside a 150-micron filtration system, giving you better performance regardless of it being for smaller or larger debris. There’s a larger battery with this model too, letting it run for up to 35 hours on a single charge, with the onboard solar panel topping it off during every sunny day, while also providing a DC adapter as a backup charging option during cloudier times.

Aiper has given this robot dual dToF sensors that work with the brand’s algorithms for greater obstacle avoidance capabilities – with it even knowing when to deploy or retract its four anti-standing columns to keep it from getting caught on pool steps. Should these columns fail at preventing this, the robot has self-rescue programming to get it back to deeper waters. It comes with a full array of smart controls through its app, letting you monitor or adjust settings, as well as manually steer it should you want a particular area taken care of. You can check out all the other discounted models from Aiper in the brand’s official Amazon storefront here.

EGO Power+ 56V 14-inch cordless chainsaw

Make quick work of trees and shrubbery with EGO’s 56V 14-inch cordless electric chainsaw at $189

Amazon is offering the EGO Power+ 56V 14-inch Cordless Electric Chainsaw for $189 shipped. This model has been recently fetching $229 at full price, with it having been available at $189 off and on since mid-May. You can pick up your own while the savings last, cutting $40 off the going rate at the best price we have tracked over the last 12 months.

The brushless motor inside this 56V EGO chainsaw is equivalent to a 30CC gas model, giving you up to 6,800 RPM for more eco-friendly and efficient cuts, while also allowing you to toss out that noisy and fume-belching gas guzzler. The included 2.5Ah battery provides enough juice for up to 100 cuts on a single charge, giving you ample support for firewood or cutting up trees and shrubbery that may becomes damaged from this year’s hurricane season. What’s especially nice about EGO tools/batteries is that they come compatible with each other, allowing you to switch things around for longer runtimes or to power multiple different tools off one source.

Greenworks 40V 10-inch cordless tiller/cultivator

Aerate soil before planting with Greenworks’ 40V 10-inch cordless tiller/cultivator at $206

Amazon is offering the Greenworks 40V 10-inch Cordless Tiller/Cultivator for $206.20 shipped. Normally going for $280 at full price, discounts have mostly kept the costs above $240 during 2025 so far, with a few previous falls as low as $216. The deal here brings a 26% markdown to the pricing, cutting $74 off the tag for the best price we have tracked. It’s even beating out the direct pricing from Greenworks’ website, where it’s sitting $32 higher.

While we’re no longer in the prime cultivating time of spring, the weather this year for many regions around the country has only just begun warming up, meaning that this Greenworks tiller/cultivator would still be good to use – and that’s not counting any fall planting you’ve got on the books which will need prepping for. The included 4.0Ah battery keeps the motor running for up to 45 continuous minutes of breaking up/aerating your soil, coming with an adjustable tilling width of 8.25 to 10 inches. The best part is that it’s virtually maintenance-free, as you won’t have to deal with gas, oil, or noisy/fume-heavy emissions. If you already have the appropriate battery for it, you can pick up just the tool on its own for $170, down from $220.

Best Spring EV deals!

Best new Green Deals landing this week

The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine. Winter means you can lock in even better off-season price cuts on electric tools for the lawn while saving on EVs and tons of other gear.

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Justin Sun’s Tron to go public through reverse merger in deal led by Trump-linked bank

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Justin Sun's Tron to go public through reverse merger in deal led by Trump-linked bank

Justin Sun, founder of blockchain platform Tron, poses for a photograph in Hong Kong, May 8, 2020.

Calvin Sit | Bloomberg | Getty Images

Justin Sun’s crypto company Tron is set to hit the public market through a reverse merger with a manufacturer of custom toys and souvenirs for the world’s biggest theme parks.

SRM Entertainment, a Nasdaq-listed merchandise supplier that has licensing deals with Disney, Universal Studios (owned by CNBC parent NBC Universal) and SeaWorld, said on Monday that it will raise $100 million from a private investor to buy TRON tokens, and will issue preferred shares and warrants that value the deal at up to $210 million.

SRM said it plans to rebrand as Tron Inc., with Sun joining as an advisor. Shares of SRM soared 460% after the announcement, lifting the company’s market cap to about $140 million.

For Sun, who was previously charged with securities fraud by the SEC, the announcement is the latest boon in what has been a dramatic reversal of fortunes since the beginning of President Donald Trump’s second term.

court filing in February showed that Sun and the SEC were exploring a resolution to the civil fraud case, as part of the Trump administration’s unwinding of enforcement actions taken during President Joe Biden’s four years in office.

That filing came after Sun, in January, upped his stake in tokens issued by the Trump family’s crypto bank World Liberty Financial to $75 million. Sun, who was born in China, later purchased the president’s meme token, winning a contest for top holders, and raising his stake in Trump-tied tokens to at least $97 million.

SRM’s offering was arranged by Dominari Securities, a boutique investment bank whose parent company has recently drawn attention for its ties to the Trump family. Donald Trump Jr. and Eric Trump joined Dominari Holdings’ advisory board earlier this year, shortly before the firm’s share price surged.

SRM said it will stake the TRON token, distribute dividends, and build long-term shareholder value through digital asset exposure, mimicking a bitcoin-buying tactic that Michael Saylor has popularized at Strategy.

TRON is a blockchain network that’s considered a rival to Solana. It claims to offer low transaction fees with the ability to process a large number of transactions per second, and is intended to move stablecoins and other digital assets.

WATCH: President Trump holds meme coin dinner

President Trump holds meme coin dinner

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Wisk Aero signs agreements to establish autonomous air taxi operations in Miami and Japan

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Wisk Aero signs agreements to establish autonomous air taxi operations in Miami and Japan

Advanced air mobility developer Wisk Aero wasted no time during the first day of the Paris Air Show, announcing two separate deals to establish autonomous air taxi operations in two different regions. Those agreements include Memoranda of Understanding with partners in Miami in the US, and the City of Kaga, Ishikawa, in Japan.

As you may already know, Wisk Aero operates out of California as a wholly owned subsidiary of Boeing. The company’s flagship model, the Cora (pictured above), is an autonomous all-electric aircraft that predates the Wisk Aero brand and has seen several generational variants over the seven years or so.

Last month, Wisk and NASA built on an existing partnership, committing an additional five years to their research. They hope to bring regulated and autonomous air taxi flights to the public by the end of the decade.

If and when those commercial operations begin, we know at least two planned regions for Wisk, as it announced an expanded partnership in Japan today and a new agreement with the City of Miami.

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autonomous air taxi
Japan Airlines Engineering Co., City of Kaga, and Wisk / Source: Wisk Aero

Wisk establishes Miami as a US autonomous air taxi hub

The first of two press releases from Wisk Aero today includes news of two separate Memoranda of Understanding (MoUs) – one with the Miami-Dade Aviation Department (MDAD) and another with the University of Miami’s Engineering Autonomy Mobility Initiative (MEAMI).

Under the terms of the signed agreements, Wisk and MDAD will work together to identify possible locations for air taxi vertiports at existing airports, including Miami International Airport (MIA), Miami Executive Airport (KTMB), and Locka Executive Airport (OPF).

Wisk will provide the necessary technical guidance pertaining to viable vertiport infrastructure in order to establish autonomous air taxi operations in the region and in return, MDAD will incoporate said technologies and infrastructure into its existing plans for airport development and expansions.

Through the other Miami-based MoU, Wisk will gain access to the University of Miami’s facilities to collaborate on R&D for autonomous aerial operations, regulations, and safety, while simultaneously developing business opportunities, UD regulatory frameworks, and pursuing grant opportunities for a joint University project. Per Wisk CEO Sebastien Vigneron:

Miami has demonstrated long-standing support for AAM, making it a natural fit for future Wisk operations. We’re incredibly excited to deepen our roots here with both the Miami Dade Aviation Department and the University of Miami. These partnerships are helping us build the entire AAM ecosystem and unlock the full potential of autonomous operations at scale so we can bring safe, everyday flight to everyone.

Wisk rolled out a second press release on day one of the Paris Air Show, announcing the signing of a three-party MoU with the City of Kaga, Ishikawa, Japan, and Japan Airlines’ subsidiary, JAL Engineering Co., Ltd (JALEC), to introduce autonomous air taxi travel in Japan.

Wisk had an existing partnership with Japan Airlines and JALEC, but has honed in on Kaga City to explore commercial deployment. Kaga City has been designated by Japan’s government as a “national strategic special zone,” authorized for the development, testing, and validation of autonomous air mobility. Per city mayor, Riku Miyamoto:

As the first step in Wisk’s business expansion into Japan, Kaga City will strongly support the establishment of an operations base and support the construction of an AAM operation model in collaboration with JALEC. Kaga City is a local government with a population of approximately 62,000 people, but because the city has been selected as a national strategic special zone, we are able to carry out bold regulatory development in Japan. The advantage of not being a big city like Tokyo or Osaka is that there is a high degree of freedom as a research and development field, and one-stop arrangements are possible.

Through the three-party MoU, Wisk, Kaga City, and JALEC will research and develop regulatory systems, analyze the local market and social acceptance of autonomous air taxi technology, and establish a supply chain to support localized manufacturing. Wisk’s CEO once again spoke:

We are excited to deepen our commitment to Japan and further our partnership with JAL through this new collaboration with Kaga City. Japan is a key market for the introduction of AAM, and Kaga City’s forward-thinking approach to future mobility, coupled with its special zone designation, provides an ideal environment for us to explore and demonstrate the benefits of our Gen 6 aircraft. This partnership is a significant step towards building the necessary ecosystem for autonomous flight in Japan.

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