World Liberty Financial (WLF), a cryptocurrency-focused initiative associated with former U.S. President Donald Trump, has announced plans to create a strategic reserve of digital assets.
The revelation came during the recent Ondo Finance Summit in New York, where WLF co-founder Chase Herro discussed the firm’s future direction in the Tokenization and decentralized finance (DeFi) sector.
The move aligns with Trump’s increasing engagement with the cryptocurrency industry. The former president has openly advocated for fair digital asset regulations and previously proposed the idea of a national Bitcoin reserve. With WLF spearheading its own strategic reserve, the initiative could serve as a stepping stone for broader adoption of crypto within institutional and governmental frameworks.
Accumulating Key Cryptocurrencies
As part of its strategy, WLF has been actively purchasing a range of digital assets. Recent reports indicate that the firm acquired approximately 342,000 ONDO tokens for $470,000 USDC. This follows a broader pattern of investment in major cryptocurrencies, including Ethereum (ETH), wrapped Bitcoin (wBTC), AAVE, Chainlink (LINK), and TRX.
President Donald Trump’s DeFi venture, World Liberty Financial, is set to establish a “strategic reserve” using acquired crypto tokens. Bloomberg Crypto via X
The company has also engaged in significant financial movements, transferring over $307 million worth of assets to Coinbase Prime. This sparked speculation regarding a potential sell-off, but WLF clarified that the transfers were part of routine treasury management and business operations. Despite the large-scale movement of assets, WLF still holds a portfolio valued at around $35 million.
Leadership and Political Ties
The leadership of WLF features several high-profile figures with close ties to the Trump family. Donald Trump Jr. and Eric Trump serve as the organization’s “Web3 ambassadors,” while Barron Trump has been credited as the brand’s “DeFi visionary.” Their involvement has further fueled speculation that WLF could benefit from regulatory policies shaped by Trump’s administration.
World Liberty Financial, backed by Donald Trump, has recently acquired $470,000 worth of ONDO tokens. Source: Real World Asset Watchlist via X
Zach Witkoff, another key figure in the initiative, has longstanding ties to the Trump family. His father, Steve Witkoff, previously served as a special envoy to the Middle East under the Trump administration. Additionally, Witkoff recently named his newborn son Donald, reinforcing his strong personal and professional alignment with the former president.
Plans for a Layer-1 Blockchain
Beyond the strategic reserve, WLF has also disclosed plans to launch its own Layer-1 blockchain. This project aims to facilitate real-world asset (RWA) tokenization, providing a secure and scalable infrastructure for institutional investors. At the Ondo Summit, WLF executives emphasized that traditional financial markets are overdue for innovation, and blockchain technology presents an opportunity to modernize legacy systems.
The blockchain initiative has garnered interest from major institutional partners, including Franklin Templeton, Google Cloud, McKinsey, and ABN Amro. Such collaborations indicate a broader push toward integrating blockchain into mainstream financial services.
Regulatory Considerations and Market Impact
The announcement of WLF’s strategic reserve comes amid evolving regulatory discussions surrounding digital assets. The Trump administration has already established a cryptocurrency working group to outline policies for the industry. A possible U.S. Bitcoin reserve further underlines the commitment of the administration in considering crypto as a financial asset.
A Bitcoin strategic reserve now has a 21% probability of being established within the first 100 days. Source: Coinvo via X
Market analysts believe that WLF’s involvement in the crypto sector could impact investor sentiment and regulatory development. If successful, the move could influence other institutions to follow suit and probably reshape the broader financial landscape.
Final Thoughts
World Liberty Financial’s decision to establish a strategic crypto reserve signifies a major step toward institutional adoption of digital assets. With strong political backing and ambitious blockchain initiatives, the firm is poised to play a pivotal role in shaping the future of cryptocurrency. As the regulatory environment continues to evolve, WLF’s actions could set the stage for new financial paradigms in both the private and public sectors.
Source: https://bravenewcoin.com/insights/donald-trumps-world-liberty-financial-takes-bold-step-with-strategic-crypto-reserve-report