The Trump family-affiliated decentralized finance (DeFi) project World Liberty Financial (WLFI) has unveiled a strategic token reserve designed to bolster top crypto projects like Bitcoin (BTC) and Ethereum (ETH).
World Liberty Financial says it plans to form partnerships with traditional financial institutions that will contribute tokenized assets to the reserve, which the DeFi project is calling “Macro Strategy.”
“The Macro Strategy will serve as a robust financial backbone for WLFI, enabling us to:
Enhance Stability: By diversifying our holdings across a spectrum of tokenized assets, we aim to mitigate market volatility and ensure a resilient financial ecosystem.
Foster Growth: The reserve will empower us to invest in innovative projects, support ecosystem development, and seize emerging opportunities within the DeFi landscape.
Build Trust: A well-capitalized reserve underscores our commitment to transparency and long-term sustainability, reinforcing confidence among our community and stakeholders.”
World Liberty notes in the fine print on its website that President Donald Trump is not an officer, director, founder, or employee of the firm or any of its affiliates, but the company does list the president as its “Chief Crypto Advocate.”
World Liberty’s website also states that DT Marks DEFI LLC, an entity affiliated with Trump and some of his family members, holds 22.5 billion WLFI tokens and is entitled to receive fees from the project.
Follow us on X, Facebook and TelegramDon't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Surf The Daily Hodl Mix
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated Image: Midjourney
