Trump Real Estate Portfolio Moves Toward Tokenization Amid World Liberty Financial Push

World Liberty Financial (WLFI), a cryptocurrency and blockchain venture backed by the Trump family, is moving forward with plans to tokenize portions of Donald Trump’s real estate portfolio. The initiative is designed to transform some of the most iconic properties associated with the Trump brand into blockchain-based investment products. By doing so, WLFI aims to democratize access to high-value real estate, allowing retail investors to purchase fractional stakes through digital tokens rather than requiring full-scale property investments.
Plans for tokenizing Trump properties
Zach Witkoff, son of prominent developer Steve Witkoff, is playing a leading role in shaping the initiative. At global blockchain conferences, including Token2049, WLFI executives have highlighted their ambition to tokenize real-world assets such as luxury real estate, oil, and natural gas. The proposal envisions a system where investors worldwide could purchase tokens representing partial ownership in developments such as Trump Tower Dubai, effectively lowering the entry barrier into historically exclusive markets.
The tokenization strategy is part of a broader push by WLFI to build a financial ecosystem around blockchain technology. The company also plans to launch a crypto-to-fiat debit card and expand its USD1 stablecoin across multiple networks, further integrating blockchain into mainstream finance. According to public disclosures, the Trump family holds approximately 22.5 billion WLFI tokens. These tokens are currently subject to vesting schedules, restricting immediate sale but giving the family significant long-term exposure to the platform’s growth. At present, WLFI tokens serve primarily as governance tools, granting holders the ability to vote on protocol-related decisions. However, the company has signaled intentions to broaden the token’s utility and tradability.
Investor interest and challenges ahead
The initiative has already drawn international attention. In June 2025, the Aqua 1 Foundation, based in the United Arab Emirates, invested $100 million into WLFI tokens, making it the most prominent public investor in the project. ahead reports suggest that Trump family members have viewn significant paper gains from the token launch, underscoring both the financial potential and speculative nature of the endeavor.
Despite strong investor interest, several challenges remain. Tokenizing real estate involves navigating complex regulatory landscapes, including securities law, taxation, and property rights, which differ across jurisdictions. Ensuring transparent valuation and establishing liquidity through reliable purchase-back mechanisms or secondary markets will be critical to long-term success. Analysts also point to potential political and ethical concerns, given the Trump family’s dual role as both business beneficiaries and high-profile political figures.
The push to tokenize Trump real estate assets comes amid a broader wave of interest in real-world asset tokenization across global financial markets. Industry leaders view blockchain as a tool to make traditionally illiquid assets more accessible and tradable, with potential applications across real estate, commodities, and art. However, execution risks remain substantial. While the Trump-backed effort represents one of the most high-profile cases to date, industry observers caution that regulatory uncertainty, market volatility, and governance issues could sluggish adoption.
If WLFI succeeds, the move could set a new precedent for tokenized real estate, blending blockchain innovation with one of the world’s most recognized property brands. For now, the project highlights both the promise and the pitfalls of bringing iconic real estate portfolios into the digital investment era.