World Liberty Financial (WLF), an organization linked to US President Donald Trump, has revealed its plans to establish a strategic tokens reserve through token acquisition.
WLF’s founder, Chase Herro, shared the news recently at the Ondo Finance Summit in New York. Although Herro did not explain the reason for the reserve, it aligns with President Trump’s push for cryptocurrencies.
World Liberty Financial Buys $470K In ONDO Tokens And Plans Strategic Crypto Reserve
World Liberty Financial, the DeFi platform backed by Trump and his family, plans to create a “strategic reserve” with acquired tokens, co-founder Chase Herro announced at the Ondo Summit in New… pic.twitter.com/4GLb42N0Ii
— The Wolf Of All Streets (@scottmelker) February 8, 2025
“One of the things that we’re going to launch here in the very short future is a strategic reserve…. We put a lot of money together…. The idea is that we’re going to leave this on-chain, and we’re going to show commitment back to the industry that’s been so good to us,” Herro said.
Trump Paves the Way
Several institutions are showing massive interest in digital assets. President Trump has already announced plans to establish a Bitcoin reserve, an idea that most US states have strongly embraced.
WLF has been on a crypto buying spree since its launch in October. Although the company is branded as a DeFi platform, it has made the most from investing heavily in the crypto market. Most recently, WLF invested strategically in Ethereum, capitalizing on a market slump triggered by Donald Trump’s tariffs on Mexico and Canada. So far, WLF has invested in cryptocurrencies like TRX, ETH, WBTC, ONDO, LINK, and USDC.
World Liberty Financial just bought another 94.94 $WBTC worth $9.84M. It currently holds 551.7 $WBTC worth $57M. pic.twitter.com/B0uZmwn0C3
— World Liberty (@World_Liberty_) January 23, 2025
While the team promotes WLF as an innovative crypto project, some have raised concerns about possible conflicts of interest. Critics suggest that the Trump family’s links with WLF could pose a conflict of interest.
Trump’s World Liberty(@worldlibertyfi) just spent 156,667 $USDC to buy 273,937 $MOVE again.https://t.co/TRElkonI85 pic.twitter.com/YHl7YjaQak
— Lookonchain (@lookonchain) February 10, 2025
Herro, while speaking at the Ondo conference, defended the company’s crypto purchase policy. The company’s executive noted that the splurge is beyond a bet on crypto.
Most crypto users look forward to WLF’s token reserve. Despite investing a fortune in crypto, WLF has also endured some significant losses.
What’s Next for WLF?
With its growing crypto portfolio and plans for a token reserve, World Liberty Financial is positioning itself as a major player in crypto. However, questions remain. Will WLF’s investments lead to long-term success, or is this just another political venture riding the crypto wave? For now, all eyes are on the platform’s next move.
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This articles is written by : Nermeen Nabil Khear Abdelmalak
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