Trump’s Big Crypto Debut

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.7 • 1K Ratings

🗓️ 2 September 2025

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Trump family’s big new crypto coin makes its debut. OpenAI outlines new safety guardrails. Dolby announces its biggest new TV tech in years. Say hello to Dolby Vision 2. Fintech seems to be back. And as the price per token for AI models has fallen, why are costs for developers rising? Links: Trump family’s World Liberty Financial token falls in trading debut (FT) Parental controls are coming to ChatGPT ‘within the next month,’ OpenAI says (CNNBusiness) Dolby Vision 2 goes beyond HDR with more AI and ‘authentic motion’ smoothing (The Verge) UK fintechs explore buying US banks to speed up push for licences (FT) Cutting-Edge AI Was Supposed to Get Cheaper. It’s More Expensive Than Ever. (WSJ) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Welcome to the TechBrew Ride Home for Tuesday, September 2nd, 2025. I'm Brian McCullough. Today, the Trump family's big new crypto coin makes its debut.
0:12.6	Open AI outlines new safety guardrails. Dolby announces its biggest new TV tech in years. Say hello to Dolby Vision 2.
0:20.0	FinTech seems to be back, and as the price per
0:22.8	token for AI models has fallen, why are costs for developers rising? Here's what you miss today
0:28.4	in the world of tech.
0:33.2	So there's a big new crypto coin out there. WLFI run by the Trump family's world liberty financial
0:40.2	has debuted. It came out and dipped a bit at first to around 21 cents per share on its first
0:45.9	trading day before bouncing back, giving it around a $6 billion market cap. The Trump family
0:51.3	stake in WLFI is worth around $3.6 billion at those prices. Quoting the F.T.
0:58.9	It marks the latest way that the Trump family and their associates are seeking to profit from
1:02.7	crypto in industry that the president has championed through pushing forward legislation
1:06.9	and appointing friendly regulators. This isn't some meme coin. It's the governance backbone of a real
1:12.2	ecosystem changing how money moves. Freedom plus finance plus America first, Donald Trump Jr.,
1:17.9	the president's eldest son wrote on X. Monday's price gives the WLFI tokens available for
1:23.7	trading on exchanges, including Binance and Coinbase, a nominal total value of around
1:28.2	$6.4 billion according to CoinDesk. World Liberty Financial was set up last October with Trump as
1:34.2	co-founder emeritus and his three sons as co-founders. The company created 100 billion tokens
1:40.1	and said it had sold about a quarter of them for a face value of $550 million.
1:44.9	But they were not tradable, and holders could use them only to vote on corporate proposals at World Liberty Financial.
1:51.0	Last month, a vote was passed to make the tokens tradable.
1:54.4	World Liberty Financial said 24.7 billion tokens would be traded initially, with $7.8 billion of that amount allocated to its new
2:02.5	crypto treasury company announced last month. The deal involves a NASDAQ listed blockchain company
	...

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