Former President Donald Trump hinted at backing an "official" cryptocurrency initiative bearing his name in a Truth Social post on Thursday, NBC News reports.

For too long, ordinary Americans have been at the mercy of big banks and financial elites. It's time we unite and take action — together. #BeDefiant

The Republican presidential nominee also shared a link to a Telegram channel for his official "DeFi" project. This post follows a series of moves Trump has made to connect with the closely-knit and highly active online cryptocurrency community.