World Liberty Financial Plans to Create a “Strategic Reserve” of Tokens

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.

A decentralized finance firm closely linked to the Trump family, World Liberty Financial (WLF), is making waves in the crypto market with its disclosure of a new strategic reserve.

The news came to light at the highly anticipated Ondo Summit in New York, where government officials and industry leaders gathered to discuss the future of digital banking.

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

Their buying spree didn’t stop there; they have also diversified their portfolio with investments in major cryptocurrencies such as Ethereum, wrapped Bitcoin, TRX, AAVE, and Chainlink’s LINK.

In a surprising appearance that got the crowd buzzing, Donald Trump Jr. spoke passionately at the Ondo Summit about the potential impact of cryptocurrencies on American economic power.

Given his father’s recent executive action to explore the possibility of a national digital asset stockpile, his presence at the event carried extra significance.

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

The summit also featured a lineup of key regulatory figures, including acting CFTC Chair Caroline Pham and House Financial Services Committee Chair Patrick McHenry.

While Andreessen Horowitz’s William Hinman offered a more measured perspective on the pace of regulatory developments, former CFTC Chair J. Christopher Giancarlo shared insights into the present administration’s strategy.

Their presence highlighted the increasing convergence between traditional finance, government regulation, and the crypto sector.

The company made substantial investments in response to recent market volatility, which was triggered by US President Donald Trump’s short-lived tariff implementation on Mexico and Canada.

The company is believed to have spent tens of millions on Ether following a weekend price drop. Despite World Liberty Financial identifying itself as a DeFi lending platform, it has yet to commence its primary operations and is instead focused on building its cryptocurrency portfolio.

These developments come as Ondo Finance also announced plans to launch Ondo Chain, a dedicated blockchain for tokenized assets. This project, coupled with WLF’s strategic reserve announcement, marks a potentially groundbreaking era in digital finance.

However, co-founder Chase Herro maintained an air of mystery, saying, “We are big fans of the builders,” ultimately leaving more questions on the table regarding the precise use of WLF’s crypto hoard.