Trump-Family Backed World Liberty Financial Starts Token Reserve for Crypto Investment
The Trump-family backed World Liberty Financial launched its token reserve to back various crypto ecosystems, the firm said in an X post on Wednesday.
World Liberty said it will diversify its token holdings and also engage with traditional finance firms to invest their tokenized assets into the reserve.
The firm did not disclose any specific details on which tokens the reserve would invest in, but it did say that it will a particular focus on decentralized finance (DeFi).
Last week, World Liberty Financial’s co-founder Chase Herro said that the protocol will start a “strategic reserve” of crypto assets.
The firm has already accumulated various tokens, including TRON’s TRX, USDC, Ether (ETH) and staked ETH, as well as MOVE and ONDO tokens, according to veri from Arkham Intelligence.
