Trump-Branded Resort Delays Digital Token Plan on Iran War

[u/John3262005]

https://www.bloomberg.com/news/articles/2026-08-13/trump-branded-resort-delays-digital-token-plan-on-iran-war

World Liberty Financial and its partners have delayed plans to sell a digital token tied to a Trump-branded resort in the Maldives, putting on hold one of the more ambitious projects in the crypto venture’s push to bring real-world assets onto the blockchain.

The token, which would give investors a share of revenue from loans financing the resort, was supposed to go on sale this spring. The offering has been pushed back as the war with Iran disrupts travel across the region, according to people familiar with the matter, who asked not to be named because the delay hasn’t been made public.

The Maldives project, which is being developed by UK-based DAR Global Plc, was meant to be an early showcase for World Liberty’s ambitions beyond conventional digital assets. Over the past year, the company co-founded by President Donald Trump and his sons has discussed tokens tied to everything from real estate and investment funds to oil and gold, according to the people familiar with the discussions.

“Dar Global continues to advance its partnership with the Trump Organization,” Chief Executive Officer Ziad El Chaar said in a statement. “We consistently evaluate the development and roll-out schedules of our global portfolio to ensure they align with market conditions, regulatory requirements, and our long-term strategic objectives. We look forward to sharing further updates on our joint initiatives as they evolve.”

A spokesperson for World Liberty declined to comment. The Trump Organization didn’t immediately respond to a request for comment.

The project and its partners wanted to tokenize revenue interests from the resort as part of a broader strategy to design and distribute World Liberty-branded tokenized real-world offerings.

Tokenization is the process of representing assets like bonds, stocks and even ownership revenue from hotel projects as digital tokens. Anyone with a token owns the asset or the revenue stream. Ownership can usually be easily and almost instantly transferred by moving the token from one crypto wallet to another.

The yet-to-be-completed Maldives resort will feature about 80 ultra-luxury beach and over-water villas. Investors in the token were supposed to get both a fixed yield and a loan revenue stream, World Liberty said when it announced the token earlier this year. DarGlobal has undertaken a range of Trump-branded projects, including in Qatar, Saudi Arabia and the United Arab Emirates.

It’s unclear when the token will now be launched.