World Liberty Financial Eyes Strategic Reserve Amid Major Token Purchase

World Liberty Financial Eyes Strategic Reserve Amid Major Token Purchase

World Liberty Financial is setting its sights on establishing a “strategic reserve” with the tokens it acquires, according to co-founder Chase Herro. Speaking at the Ondo Summit in New York on Thursday, Herro shared the platform’s latest move, as reported by Bloomberg.

The decentralized finance (DeFi) project, which has garnered support from former President Donald Trump and his family, made headlines with its latest acquisition. Trump’s son, Donald Trump Jr., joined Herro on stage at the event, underscoring the administration’s growing interest in digital assets.

On the same day, World Liberty Financial purchased approximately $470,000 worth of Ondo Finance’s token, Bloomberg reported. However, Herro remained tight-lipped on both the intended use and the size of the strategic reserve. The move echoes President Trump’s previous advocacy for a national strategic Bitcoin reserve, a concept he championed during last year’s presidential election.

Earlier this week David Sacks, the Trump administration’s so-called “crypto czar,” outlined a broader pro-crypto agenda, which includes evaluating the feasibility of a national Bitcoin reserve.

Despite these bold initiatives, World Liberty Financial has experienced a steep decline in its treasury holdings. After liquidating millions of dollars in assets (including AAVE, ENA, ETH, LINK, and WBTC) on Monday, the project’s current holdings stand at approximately $35 million, representing a significant 90% drawdown from its previous treasury valuation.

As the platform navigates this volatile landscape, its latest investment signals an effort to stabilize and reposition itself within the evolving crypto economy.