World Liberty Financial Invests $470,000 in ONDO Governance Tokens

A wallet linked to World Liberty Financial, a DeFi platform supported by Donald Trump and his family, has increased its stake in Ondo Finance. Key points include:

  • Purchased 342,000 ONDO tokens for $470,000 USDC via the CoW Protocol.
  • Previously invested $245,000 in ONDO two months ago.
  • Tokens were sent to Coinbase Prime earlier this week.
  • Ondo Finance announced plans to launch a layer-1 blockchain for tokenized assets.
  • Current ONDO price is $1.298, a 3.7% decrease over the last 24 hours amidst a broader market decline of 3.1% for the CoinDesk 20 Index.
  • World Liberty Financial is also acquiring TRX and wrapped Bitcoin (WBTC).