Mildred Drake Family Trust Launch Millie Bills and Crypto Trade Finance Instruments

DETROIT - Feb. 15, 2025 - PRLog -- The Mildred Drake Family Trust (MDFT) is pleased to announce the official launch of Millie Bills, an innovative financial instrument designed to facilitate international trade, economic development, and global poverty reduction. Authorized for issuance up to $1 Trillion, Millie Bills are backed by United States Dollars and are convertible into nearly any stable currency worldwide.

The Millie Bills program is a key component of MDFT's Poverty Reduction Project, leveraging a sophisticated financial structure to provide liquidity, facilitate trade, and support entrepreneurs, businesses, and infrastructure projects across the globe.

Key Highlights of the Millie Bills Program:

High Investment-Grade Financial Instrument: Rated AAA by S&P and AA by AM Best, Millie Bills can be discounted prior to maturity or held for redemption at full face value.

Liquidity and Convertibility: Supported by a network of global financial institutions, Millie Bills can be redeemed or converted into multiple currencies at designated banks.

Strategic Capitalization: The program is backed by major financial commitments, including:

- $100 billion investment from the Bahamas Improvement Association (BIA).
- $100 billion commitment from the Mildred Drake Employees PIC Ownership Trust (MDPICT).
- $200 billion total committed capital being deployed for acquisitions, banking operations, and insurance backing.

Financial and Institutional Framework Supporting Millie Bills

The Millie Bills initiative is underpinned by a multi-tiered financial ecosystem, including:

Mildred Drake Commercial Bank (MDCB) - A Bahamas-based trade finance institution set to launch by March 30, 2025, providing liquidity and credit enhancement for Millie Bills.

Mildred Drake Credit Company (MDCC) - Managing issuance and redemption of Millie Bills, ensuring seamless integration into global trade finance.

Tradewinds Insurance Group  - Offering insurance backing, including a synthetic collateralized debt obligation (CDO) structure and reinsurance by China Re (A+ rated by AM Best) to further stabilize the financial ecosystem.

Mildred Drake Investment Bank  - Overseeing strategic investments and acquisitions to facilitate the program's expansion.

Global Impact & Economic Growth

The Millie Bills Program is a cornerstone of MDFT's long-term strategy to reduce poverty, support small businesses, and create sustainable economic opportunities worldwide. Through a carefully structured financing model, businesses and entrepreneurs will be able to access capital, trade internationally, and build wealth using a secure, stable financial instrument.

The launch of Millie Bills represents a groundbreaking step toward financial inclusion and global trade efficiency. By providing a secure and liquid financial instrument, we are creating a new pathway for economic development, business growth, and wealth creation worldwide.

About Mildred Drake Family Trust

The Mildred Drake Family Trust (MDFT) is a globally recognized financial entity committed to economic empowerment, trade finance, and poverty reduction. Through strategic investments, financial innovation, and sustainable development initiatives, MDFT aims to reshape global markets and create lasting economic impact.