Donald Trump's new cryptocurrency platform, World Liberty Financial, launched on Tuesday but faced disappointing sales.
Only 3% of the 20 billion tokens offered, priced at 1.5 cents each, were sold by the end of the day, amounting to just $9 million out of a planned $300 million. The platform, which allows users to trade, lend, and borrow cryptocurrencies, was hit by website issues, causing technical disruptions. Trump, who once criticized cryptocurrencies, now promotes himself as a "pro-bitcoin president" ahead of the upcoming elections.