World Liberty Financial (WLF), a cryptocurrency platform backed by the family of US President Donald Trump, has announced the formation of a strategic token reserve designed to support Bitcoin, Ethereum and other cryptocurrencies “that are at the forefront of the restructuring of global finance.”
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In a statement published by WLF on social media platform X, it was stated that the token reserve will allow the platform to mitigate market volatility, which will provide an opportunity to invest in innovative projects in the field of decentralized finance and create a capitalized reserve. WLF also announced plans to collaborate with financial institutions to replenish the strategic reserve with tokenized assets.
In addition to their stake in WLF, the Trump family has a controlling stake in Trump Media & Technology Group (TMTG), which operates Trump’s social network Truth Social and video streaming service Truth+. In late January 2025, TMTG announced the launch of a brand for financial services and fintech operations, Truth.Fi, which will also deal with cryptocurrency assets.
As of December 31, 2024, TMTG had more than $700 million in cash in its fiat and cryptocurrency assets. In January 2025, Donald Trump, who is TMTG’s largest shareholder, announced that his assets, held in a revocable trust, would be managed by his children while he is president.
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