Trump’s Blockchain Fund to Invest in Bitcoin & Ethereum

by Ouess

Trump’s World Liberty Financial (WLFI) has unveiled a strategic reserve fund to invest in Bitcoin, Ethereum, and other top cryptocurrencies.

Source : X

Trump’s WLFI Backs Crypto Growth with New Fund

Donald Trump’s blockchain-based finance platform, World Liberty Financial (WLFI), has launched a strategic reserve fund to support major cryptocurrencies. The “Macro Strategy” fund will focus on Bitcoin (BTC), Ethereum (ETH), and other digital assets leading the transformation of global finance.

WLFI funds Source : ARkham Intel

According to a Feb. 11 announcement, the initiative aims to strengthen crypto projects, increase stability, and integrate traditional and decentralized finance (DeFi).

https://twitter.com/worldlibertyfi/status/1889429781512409346

Expanding DeFi and TradFi Integration

The fund will diversify its holdings across various tokenized assets, ensuring a more resilient financial system. It also seeks to invest in emerging DeFi opportunities that could reshape the financial landscape.

This move follows speculation about the Trump family’s involvement in Ethereum, as Ethereum co-founder Joseph Lubin recently hinted at the family launching “giant” businesses on the blockchain.

https://twitter.com/ethereumJoseph/status/1881742748501279176

Lubin also suggested that the U.S. government might eventually adopt Ethereum technology for various operations, similar to how it utilizes internet protocols today.

Building Institutional Partnerships

Alongside its investment strategy, WLFI is actively seeking partnerships with major traditional finance (TradFi) institutions. These collaborations will help integrate tokenized assets into the WLFI reserve while providing blockchain visibility and marketing opportunities for institutional players.

WLFI has promised to release a detailed proposal for the Macro Strategy fund on its governance forum soon.

You may also like

Crypto feed news

Our team of crypto enthusiasts and market mavens is on a mission to deliver the latest, juiciest, and most insightful updates from the ever-evolving world of cryptocurrencies.

@CryptoFeedNews 2023 All Right Reserved. Designed and Developed by TheDevThingz

Social Media Auto Publish Powered By : XYZScripts.com
Skip to content