World Liberty Financial Unveils Token Reserve to Bolster Crypto Market
World Liberty Financial (WLF), the crypto platform backed by President Donald Trump, has announced the establishment of a strategic token reserve aimed at supporting Bitcoin, Ethereum, and other leading cryptocurrencies.
According to a statement released by WLF on Tuesday, the token reserve will provide:
* Market volatility mitigation
* Investments in innovative decentralized finance projects
* Development of a well-capitalized reserve
WLF's move aligns with the increasing involvement of the Trump family in the crypto space. In addition to WLF, the Trump family holds significant stakes in Trump Media & Technology Group and has launched the $Trump meme coin.
WLF's token sales have reportedly reached $500 million, and the company is pursuing strategic partnerships with financial institutions to contribute tokenized assets to its reserve.
The company's announcement comes shortly after Donald Trump Jr.'s appearance at the Ondo Summit in New York City, where he highlighted the need for a regulatory framework that supports the growth of crypto and its potential to shape the future of finance and American influence.