TRUMP-Linked Firm’s BOLD Crypto Move Shakes Wall Street
— World Liberty Financial (WLF), linked to Donald TRUMP, has announced a strategic reserve of digital assets. The firm is moving over $307 million to Coinbase Prime. Initially thought to be a sell-off, WLF clarified these are routine treasury operations.
The project aims to tokenize real-world assets, providing secure infrastructure for institutional investors. At the Ondo Summit, WLF highlighted blockchain’s potential to modernize outdated financial systems. This move has attracted major partners like Franklin Templeton and Google Cloud, showing strong interest in blockchain’s role in traditional finance.
Market analysts suggest WLF’s crypto involvement could sway investor sentiment and influence regulatory developments. If successful, it might prompt other institutions to explore similar strategies, potentially transforming the financial landscape.
Financial markets are watching closely amid concerns about Trump’s tariff policies and their impact on inflation and interest rates. The outcome of this initiative could have far-reaching effects on both Wall Street and global finance sectors.