With its disclosure of a new strategic reserve, World Liberty Financial (WLF), a decentralized finance firm closely associated with the Trump family, is generating ripples in the crypto market.

The information surfaced during the well-publicized Ondo Summit in New York, where government authorities and business leaders convened to address the direction of digital banking.

Digital Asset Portfolio Grows To Almost Half A Million In ONDO

Over recent months, the DeFi initiative has silently been accumulating more cryptocurrencies. Notably, WLF bought $470,000 worth of ONDO tokens—the native currency of Ondo Finance.

Their purchase frenzy didn’t end there; they have diversified their portfolio with investments in big cryptocurrencies including Ethereum, wrapped Bitcoin, TRX, AAVE, and LINK of Chainlink.

Trump Jr. Takes Front Stage With A Bold Crypto Vision

Unexpectedly showing up at the Ondo Summit to generate buzz, Donald Trump Jr. spoke fervently about how cryptocurrencies can affect American economic power.

Given his father’s recent executive action to investigate the prospect of a national digital asset stockpile, his attendance at the event had great weight.

President Donald Trump’s DeFi project, World Liberty Financial, plans on creating a “strategic reserve” with tokens bought https://t.co/zH6O3bMuKu

— Bloomberg Crypto (@crypto) February 6, 2025

“I think it’s possibly the future of American hegemony, in terms of our economic standing, our economic might,” Trump Jr. said to an audience of industry leaders.

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Author: Christian Encila

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