Libra Trust Launches to Fund Grants for Argentine Businesses
An unexpected organization called the Libra Trust has launched, announcing it will use proceeds from the Libra token sale to provide grants to Argentine companies. The trust emerged without prior public notice and is reported to have been financed by Kelsier Ventures CEO Hayden Davis, framed as an effort to realize the token’s original intended purpose.
If confirmed, the initiative could channel crypto capital into Argentine firms at a time when alternative financing is in demand, signaling a shift toward practical economic support rather than pure speculation. Market watchers say verification of the trust’s funding sources, governance structure and regulatory compliance will be crucial; formal filings and clear grant-distribution plans will determine whether the Trust gains legitimacy or faces scrutiny.