WLFI Launches Strategic Token Reserve to Invest in Major Cryptos
World Liberty Financial (WLFI), backed by former President Donald Trump, has launched a strategic token reserve called “Macro Strategy” aimed at investing in major cryptocurrencies like Bitcoin and Ethereum. The initiative focuses on stabilizing market volatility, supporting DeFi projects, and creating a well-capitalized fund.
- WLFI is in talks with financial institutions for tokenized asset contributions.
- Donald Trump Jr. emphasized the need for a regulatory framework to support crypto during the Ondo Summit.
- The Trump family has increased its digital asset presence, controlling a stake in the Trump Media & Technology Group.
- President Trump launched a meme coin called OFFICIAL TRUMP and First Lady Melania Trump introduced MELANIA, collectively valued at $3.7 billion.
- Reports indicate the meme coin generated $100 million in fees; WLFI secured approximately $500 million in token sales.
- Trump signed an executive order to create a presidential working group on digital assets, exploring a national digital assets stockpile.
- States like Ohio, Florida, and Arizona are drafting legislation for their own Bitcoin reserves.