World Liberty Financial, President Trump’s DeFi platform, is planning to create a crypto strategic reserve by buying more tokens. According to a Bloomberg report , co-founder of World Liberty Financial, Chase Herro, said that the platform aims to build a “strategic reserve” using cryptocurrency that the project has bought. Although, he did not specify what sort of purpose the reserve will have. Based on data from Arkham Intelligence , a wallet linked to World Liberty Financial recently bought 342,000 ONDO ( ONDO ), which is WLF’s governance token, for $470,000 USDC ( USDC ) on the CoW Protocol. This brings World Liberty Financials’ ONDO holdings to 342,002 ONDO, worth approximately $478,800. WLF also bought ONDO tokens worth $245,000 two months ago before sending them to Coinbase Prime. On the same day, Ondo Finance announced that will launch its own layer 1 blockchain called Ondo Chain. According to data from crypto.news, ONDO dipped slightly by 0.06% in the past 24 hours and nearly 8.5% in the past week. The token is currently trading hands at $1.40. ONDO’s 24-hour trading volume stands at more than $660 million. Price chart for ONDO on February 7, 2025 | Source: CoinGecko You might also like: Trump family-backed WLFI buys 4 ENS domains on inauguration day World Liberty Financial’s crypto portfolio At the time of writing, World Liberty Financial has crypto holdings worth approximately $34.03 million. WLF’s crypto portfolio consists of a variety of crypto assets, with most of its holdings stored in USD Coin and Tron ( TRX ). Additionally, WLF also keeps funds in Lido Staked Ether ( STETH ), Tether ( USDT ), Ethereum ( ETH ), Ondo, Colle AI, American Coin, Grok, Hoppy, Tap Protocol and REKT. Currently, WLF holds $14.9 million worth of USD Coin, followed by $9.31 million in TRX, and $5 million worth of STETH. Additionally, WLF holds a total of 538.19 ETH, worth around $1.47 million. On Jan. 31, WLF bought a large chunk of Ethereum worth $10 million after crypto markets crashed due to President Trump announced he would apply tariffs on Mexico and Canada. The project had previously bought $47 million worth of Ethereum on Trump’s inauguration day. Read more: World Liberty doubles down on ETH with another $10m buy Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
