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Trump Family-Backed WLFI Eyes Strategic Token Reserve After Amassing $350M in Altcoins

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Prashant Jha
Published
By Prashant Jha
Edited by Insha Zia

Key Takeaways

  • Trump-affiliated World Liberty Financial plans to create a crypto reserve using its multi-asset crypto holdings.
  • WLFI co-founder Chase Herro confirmed the reserve during the Ondo summit, hinting at backing loans and staking services.
  • While Trump has promised a national Bitcoin reserve, WLFI could be the first to establish one.

Trump family-backed crypto venture World Liberty Financial (WLFI) recently made headlines with its heavy investments in altcoins, totaling hundreds of millions.

While the reason behind their acquisitions wasn’t clear at first, co-founder Chase Herro has since revealed their strategy.

WLFI is planning to create a “strategic reserve” that could put them ahead of the U.S. government in the race to establish a crypto-backed reserve.

Trump’s DeFi Firm Promises Crypto Reserve

Herro revealed plans for the company’s “strategic reserve” during the Ondo main net launch event in New York.

Attended by Donald Trump Jr., the event showcased WLFI’s vision, though Herro kept specifics about the reserve under wraps, including which tokens will take center stage.

While details remain unclear, it’s likely the reserve will support WLFI’s growing crypto lending and staking services, complementing the company’s broader business model.

WLFI’s current crypto portfolio, valued at $348 million, is heavily invested in Ethereum (ETH), which constitutes 61% of its holdings.

CoinGecko data reveals WLFI’s ETH holdings are worth $214 million, while Wrapped Bitcoin (WBTC) ranks second, with a $62.76 million stake.

Other assets include USDC ($37.6 million), USDT ($10.84 million), Tron’s TRX ($9.34 million), and a collection of smaller tokens valued at $14.6 million.

Despite recent market turbulence, during which rumors swirled that WLFI moved 90% of its assets to Coinbase, the company has denied selling its holdings, claiming it continues to maintain its crypto positions.

Could WLFI Beat the U.S. Government to the Punch?

At a time when discussions about a U.S. Bitcoin reserve have been gaining momentum—along with proposals in several states—WLFI’s plans could have them creating a crypto-backed reserve ahead of the government.

The idea of a national Bitcoin reserve has sparked widespread debate.

David Sacks, appointed as crypto czar under the Trump administration, has signaled that the reserve initiative would be a priority for his department.

Despite Trump’s previous support for a national Bitcoin reserve, it seems WLFI may beat the government to the creation of a crypto reserve—potentially establishing a model that could influence U.S. policy.

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Prashant Jha is a crypto-journalist focused on the US and UK markets, his interests lie in blockchain technology and crypto adoption across emerging economies.
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