Trump-Backed WLFI Launches Macro Strategy Token Reserve

Generado por agente de IACoin World
jueves, 13 de febrero de 2025, 4:42 am ET1 min de lectura
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World Liberty Financial (WLFI), a cryptocurrency platform backed by the Trump family, has unveiled a new "Macro Strategy" token reserve to support cryptocurrencies and decentralized finance (DeFi) projects. The reserve aims to diversify holdings by including tokenized assets from traditional financial institutions, bridging the gap between traditional finance and the digital asset world.

WLFI has been actively managing its portfolio, recently purchasing 1,917 Ethereum tokens for $5 million in USDC stablecoin and 830,469 $MOVE tokens using 470,000 USDC. These acquisitions demonstrate the platform's commitment to building diverse holdings.

The announcement follows Donald Trump Jr.'s appearance at the Ondo Summit in New York City, highlighting the Trump family's growing involvement in the cryptocurrency sector.

WLFI's recent financial movements have drawn attention from market observers. The platform transferred eight different assets worth over $307 million to Coinbase Prime, reducing its holdings from $360 million to approximately $38 million. WLFI maintains transparency by storing assets in public viewable wallets, allowing anyone to track its fund movements.

The new Macro Strategy reserve will serve as a "financial backbone" for WLFI's operations, providing flexibility to invest in new DeFi projects and support innovation in the cryptocurrency ecosystem. BlackRock, the world's largest investment manager, has already demonstrated how traditional finance can work with crypto through their USD Institutional Digital Liquidity Fund (BUIDL).

WLFI has indicated that it will release more details about the Macro Strategy through an upcoming proposal. The platform's approach combines asset accumulation with strategic transfers, positioning itself to participate in various aspects of the digital economy. WLFI aims to actively support "leading projects" in the cryptocurrency space and work with traditional financial institutions to add tokenized assets to their reserve.

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