Trump Announces Strategic Reserve of US Coin Assets Coin Also in 'America First' Doctrine Next 'Trump Beneficiary' American Coin in Focus ONDO·MOVE·IP on the Rise "Hasty Judgments Are Forbidden," Some Warn President Donald Trump's 'America First' policy is shaking up the virtual asset (cryptocurrency) market. With the announcement of a plan to reserve US-based virtual assets as strategic assets, investors are focusing on 'American coins' that are likely to benefit from future policies. On the 2nd (local time), President Trump announced through Truth Social that he instructed the task force to include XRP, Solana (SOL), and Cardano (ADA) as strategic reserve assets. These virtual assets are considered representative US-based projects. As President Trump directly mentioned his intention to provide policy support for American coins, the possibility of selecting additional strategic reserve assets has become a market focus. In the industry, large US-based projects such as Ondo Finance (ONDO), Movement (MOVE), and Story (IP), which have recently been actively influencing the industry, are expected to be strong candidates. US Coin Chosen by the Trump Family... Will Trump Choose? Among US-based virtual assets, Ondo Finance, a leading player in the Real World Asset (RWA) tokenization field, is noted as a project with high potential for policy benefits. This is due to the rapidly growing RWA market and the active support of the Trump family. The decentralized finance (DeFi) project 'World Liberty Financial (WLFI)', operated by the Trump family, recently purchased Ondo Finance tokens 'ONDO' worth a total of $715,000 in two rounds. Donald Trump Jr. revealed a direct relationship by attending the 'Ondo Summit' hosted by Ondo Finance as a speaker on the 6th of last month. Official collaboration between Ondo Finance and WLFI is also underway. Ian De Bode, Chief Strategy Officer (CSO) of Ondo Finance, stated in an interview with Bloomingbit, "WLFI is reviewing a plan to integrate Ondo's tokenized assets, such as the US Dollar Yield Token (USDY) and short-term US Treasury (OUSG), as financial reserve assets." As the close relationship with the Trump family became known, the price of ONDO also showed an upward trend. As of the 6th, according to CoinGecko, ONDO was trading at $1.18, up 19% from the previous day and 12.8% from the previous week. Movement, headquartered in California, USA, also attracted attention as a 'America First' policy beneficiary coin after it was revealed that WLFI purchased MOVE tokens worth $2 million. Subsequently, foreign media reported that MOVE could provide technical advice to the Department of Government Efficiency (D.O.G.E) under the Trump administration, causing the token price to soar. On the day the news was announced in January, the MOVE price surged about 33% from $0.6 to $0.89. After giving back some of the gains, MOVE, which was below the $0.4 level, rose again by 19% with the news of President Trump's US coin strategic reserve asset initiative. As of the 6th, MOVE rose 11% from the previous day, breaking through the $0.4 level. Next, the US blockchain project Story, which received three consecutive lead investments from the US venture capital (VC) Andreessen Horowitz (a16z), is considered a project with high expectations for policy benefits. As a16z personnel entered key positions in the Trump administration, expectations grew that Story could receive direct policy support. Sriram Krishnan, who oversaw a16z's UK virtual asset investment strategy, was appointed as the Senior Policy Advisor for Artificial Intelligence (AI) at the White House Office of Science and Technology Policy. Also, Brian Quintenz, who was in charge of a16z's global virtual asset policy, was nominated as the next chairman of the US Commodity Futures Trading Commission (CFTC). It is also noteworthy that Marc Andreessen, co-founder of a16z, was invited to the 'White House Crypto Summit' hosted by the US White House on the 7th. As the relationship between a16z and the Trump administration became closer, the price of Story also showed an upward trend. The Story's native token 'IP', which fluctuated around the $5 level, surged to $6.9 with President Trump's announcement of the US coin strategic asset reserve on the 2nd. "Hasty Judgments Are Forbidden... Watch the Crypto Summit" However, some warn that it is dangerous to hastily predict that specific virtual assets will receive policy benefits. Seokmoon Jeong, Director of Presto Research Center, said, "It seems that leaders in the virtual asset industry have lobbied President Trump to prioritize US-based projects," adding, "As President Trump is advocating the 'America First' doctrine, such claims would have been persuasive." He added, "However, it is likely that the final policy direction will be decided at the Crypto Summit. Until then, it is better to watch the market trend rather than making hasty conclusions." Seungshik Yoon, Senior Researcher at Tiger Research, said, "It is a prospect worth considering," but added, "However, as it may appear as insider trading, there is a possibility that the assets held by WLFI may not be included in the strategic reserve assets."
March 6PiCK