Key Highlights

• Donald Trump Jr. claims that cryptocurrency is the “future of American hegemony.”
• He made an unexpected appearance at the Ondo Summit in New York City on Thursday.
• Chase Herro, co-founder of World Liberty Financial, mentioned plans for a new “strategic reserve” of crypto assets.

Donald Trump Jr. stated that he considers crypto pivotal to America’s economic supremacy, remarking:

“I believe it’s perhaps the future of American hegemony, in terms of our economic status, our economic might.”

He highlighted the need for a framework around crypto that fosters innovation while avoiding stringent over-regulation that could stifle its potential. Herro elaborated on the company’s initiatives to consolidate crypto assets and explore new markets.

World Liberty Financial has previously made headlines with substantial investments in various tokens, including ETH and wrapped BTC. The company recently acquired a significant amount of ONDO tokens, coinciding with Ondo Finance’s announcement of their upcoming blockchain launch designed for tokenized assets.