Key Points
- World Liberty Financial (WLF) launched a strategic token reserve to support Bitcoin, Ethereum, and other cryptocurrencies.
- The reserve aims to reduce market volatility and promote investment in decentralized finance (DeFi).
- WLF is part of Trump’s expanding crypto ventures. Trump and affiliates own 60% of WLF and hold significant token reserves.
- At the Ondo Summit, Donald Trump Jr. called crypto the “future of finance” and emphasized the need for regulatory clarity.
World Liberty Financial (WLF), a new cryptocurrency platform in which former U.S. President Donald Trump holds a financial stake, has announced the launch of a strategic token reserve aimed at strengthening Bitcoin, Ethereum, and other leading digital assets. According to WLF, the initiative will help mitigate market volatility and support investment in decentralized finance (DeFi) projects.
In a statement posted on X (formerly Twitter) on Tuesday, WLF outlined the purpose of its token reserve, emphasizing its potential to stabilize crypto markets and encourage innovation. The company also plans to collaborate with financial institutions to expand its tokenized asset holdings.
The announcement comes as Trump and his business ventures deepen their involvement in cryptocurrency. WLF, the White House, and the Trump Organization did not respond to requests for comment.
Trump’s financial footprint in the crypto industry has been expanding rapidly. In addition to WLF, the Trump family owns a majority stake in Trump Media & Technology Group, which recently shifted its focus toward crypto-related financial services.
Days before his inauguration, Trump also launched his own $Trump meme coin, which has generated significant revenue. Reports suggest that WLF has already recorded $500 million in token sales, with $100 million coming from fees alone. Trump has stated that his assets are held in a revocable trust and managed by his children while in office.
WLF’s launch comes just two months before the 2024 U.S. presidential election. According to its website, Trump and his affiliates own 60% of the company’s holding entity and are entitled to 75% of revenues and 22.5 billion tokens.
The recent Ondo Summit in New York highlighted the company’s ambitions. Donald Trump Jr. spoke about WLF’s mission to bridge the gap between traditional finance and retail investors. He emphasized the need for clear regulations to support crypto’s expansion, calling it the “future of finance” and key to “American hegemony.”
