Editor's PiCK
"Trump Family Plans to Establish Strategic Reserve with World Liberty Financial"
Suehyeon Lee
Summary
- World Liberty Financial (WLFI) announced plans to invest in various cryptocurrencies to establish a strategic reserve.
- Co-founder Chase Herro mentioned at the New York Ondo Summit that they intend to use purchased tokens to create the reserve.
- Recently, they have been active in cryptocurrency investments, purchasing Ondo Finance (ONDO) tokens worth $470,000.
The DeFi protocol World Liberty Financial (WLFI), led by the family of Donald Trump, is making headlines regarding the establishment of a strategic reserve.
According to Bloomberg on the 7th (local time), Chase Herro, co-founder of World Liberty Financial, stated at the Ondo Summit in New York, "We plan to establish a strategic reserve using the tokens purchased through World Liberty Financial."
Recently, World Liberty Financial has gained attention by investing in various cryptocurrencies such as Ethereum (ETH), Wrapped Bitcoin (wBTC), Tron (TRX), Aave (AAVE), and Chainlink (LINK). The previous day, they also purchased Ondo Finance (ONDO) tokens worth $470,000.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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