The Trump-family backed World Liberty Financial announced that it will launch a reserve to back various crypto ecosystems. World Liberty said it will diversify its token holdings and also engage with traditional finance firms to invest their tokenized assets into the reserve.

World Liberty Financial, a cryptocurrency project backed by President Donald Trump, announced a strategic token reserve Tuesday to “bolster” projects like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).

The Donald Trump-linked World Liberty Financial is shifting funds into a "macro reserve" to help it navigate market volatility.

Trump-backed World Liberty Financial (WLFI) has recently launched a strategic token reserve dubbed “Macro Strategy”.

World Liberty Financial, the new crypto platform in which President Donald Trump holds a financial stake, announced that it was unveiling a strategic token reserve designed to bolster Bitcoin, Ethereum and other cryptocurrencies "that are at the forefront of reshaping global finance.

World Liberty Financial launches a new Macro Strategy reserve while nearing completion of its token sale with 24 billion tokens sold and less than 1 billion remaining at $0.05 each.

The address scooped up about 342,000 ONDO, the platform's governance token, for $470,000 USDC on the CoW Protocol, according to data from Arkham Intelligence. It first bought ONDO two months ago, worth $245,000 at the time, before sending the tokens to Coinbase Prime earlier this week.

Chase Herro, co-founder of President Donald Trump’s DeFi project, World Liberty Financial, said the platform plans on creating a “strategic reserve” with tokens bought.

World Liberty Financial’s co-founder, Chase Herro, revealed at the recent ONDO Summit event that the Trump-backed venture was planning to create a strategic token reserve using the company’s accumulated crypto assets.