Trump-Backed DeFi Project Launches Macro Strategy Token Reserve

Generated by AI AgentCoin World
Thursday, Feb 13, 2025 1:01 pm ET1min read
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World Liberty Financial, a decentralized finance (DeFi) project with ties to the Trump family, has announced the launch of a strategic token reserve, dubbed "Macro Strategy." This reserve is designed to strengthen top crypto projects such as Bitcoin (BTC) and Ethereum (ETH) by diversifying holdings across various tokenized assets. The project aims to mitigate market volatility, foster growth, and build trust within the DeFi landscape.

The DeFi project plans to form partnerships with traditional financial institutions to contribute tokenized assets to the reserve. World Liberty Financial's website states that President Donald Trump is not an officer, director, founder, or employee of the firm or any of its affiliates. However, the company lists the president as its "Chief Crypto Advocate." Additionally, 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.

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