Trump’s crypto project WLFI plans to use holdings to establish a “strategic reserve”

On February 7, according to Bloomberg, Chase Herro, co-founder of Trump’s crypto project WLFI (World Liberty Financial), said that the platform plans to use the purchased tokens to establish a “strategic reserve”, but did not specify what the goal of WLFI’s token reserve is.

Donald Trump Jr. attended the first summit of the startup Ondo Finance in New York with World Liberty co-founders Zak Folkman, Zach Witkoff and Herro. Zach is the son of Steve Witkoff, a close ally of Trump who helped the president’s family connect with the founder of WLFI and was later selected as Trump’s Middle East envoy.

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