① WLF announced the launch of the 'Strategic Token Reserve' plan to support Bitcoin, Ethereum, and other Cryptos, alleviate market volatility, invest in DeFi projects, and establish a capital-adequate reserve. ② Donald Trump Jr. emphasized the need for a regulatory framework that allows Cryptos to 'thrive', stating that Cryptos are 'the future of finance' and 'the future of USA hegemony'.
On February 12, the Financial Association reported (edited by Huang Junzhi) that the cryptocurrency platform closely associated with USA President Trump - "World Liberty Financial (WLF)" announced on Tuesday that it will launch a "strategic token reserve" plan, aimed at supporting those "at the forefront of reshaping Global finance." $Bitcoin (BTC.CC)$ , Ethereum and Other Cryptos.
In a statement released by WLF on X on Tuesday, it stated that its new token reserve would allow it to mitigate market volatility, enabling the company to invest in innovative projects in decentralized finance (DeFi) and establish a capital-adequate reserve. It also mentioned plans to collaborate with traditional Financial Institutions to inject tokenized Assets into the reserve, further promoting transparency and innovative marketing through strategic partnerships.
In simple terms, WLF's 'Strategic Token Reserve' aims to reduce market volatility risks by diversifying the Hold of tokenized Assets, supporting mainstream Crypto projects like Bitcoin and Ethereum, enhancing market stability, and supporting the growth of the DeFi ecosystem.
Additionally, just three days ago, President Trump’s eldest son, Donald Trump Jr., unexpectedly appeared at the New York Ondo Summit, dubbed Wall Street 2.0. There, he and the company’s founder told the attendees (most of whom were from traditional finance) that WLF's goal is to bridge the gap between the Crypto world and mainstream retail investors, such as teachers, firefighters, and dentists.
Donald Trump Jr. also emphasized that a regulatory framework allowing Cryptos to 'thrive' is urgently needed. He said that Cryptos are 'the future of finance' and 'the future of USA hegemony'.
It is not difficult to see that since last year, Trump and his family business have increasingly turned to making money from the Crypto world. In addition to WLF, the Trump family also holds a majority stake in the social media and streaming company Trump Media & Technology Group, which announced on January 29 that it would shift to crypto-related financial services.
And in the three days leading up to his inauguration, Trump also launched his personal Meme coin. Not only did he gain $0.1 billion from Meme coin sales, but as the value of that Meme coin increased, more funds have flowed into Crypto entities related to this president. According to foreign media estimates, WLF's token sales have reached $0.5 billion.
WLF was also established two months before the presidential election and has a "close" relationship with Trump. According to information previously disclosed by the company, the Trump family authorized the use of Trump's image for WLF's promotion and advertising, in return, the Trump family could receive up to 75% of WLF's net income.
In addition to the net income, the Trump family will also receive 22.5 billion WLF tokens, which, at the issuance price of 1.5 cents, will be worth $0.3375 billion. However, neither Trump nor any of his family members is a Director, employee, manager, or operator of WLF or its affiliates, and WLF has also made it clear that its tokens are not involved in politics.
In January of this year, Trump stated that his Assets are held in a revocable REIT that will be managed by his children during his presidency.
Editor/ping
