Trump-Backed World Liberty Financial Initiates Token Reserve for Crypto Investments
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Trump-Backed World Liberty Financial Initiates Token Reserve for Crypto Investments

World Liberty Financial, supported by the Trump family, has started a token reserve aimed at enhancing various crypto ecosystems.

The Trump-family backed World Liberty Financial launched its token reserve to support various crypto ecosystems, according to a recent post on X.
World Liberty announced its intention to diversify its token holdings by engaging with traditional finance firms to invest from their tokenized assets into this reserve.

What to know:

  • The firm aims to bring tokenized assets from traditional finance into its reserve.
  • The reserve seeks to enhance ecosystems with a focus on Decentralized Finance (DeFi).

While the protocol did not reveal which tokens it would invest in, it clarified that it will emphasize DeFi projects. Last week, World Liberty Financial’s co-founder Chase Herro stated that the protocol plans to establish a “strategic reserve” of crypto assets.

The reserve has already collected diverse tokens, including TRON’s TRX, USDC, Ether (ETH), staked ETH, in addition to MOVE and ONDO tokens, as indicated by information from Arkham Intelligence.

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