Trump-supported World Liberty Financial invests $470,000 in ONDO tokens.
Trump-Affiliated World Liberty Financial Acquires $470K Worth of ONDO Tokens Amid Ondo Finance’s Blockchain Expansion
World Liberty Financial, a decentralized finance (DeFi) platform backed by President Donald Trump and his family, has expanded its crypto holdings with a fresh investment in Ondo Finance, the second-largest issuer of tokenized Treasuries.
Blockchain analytics platform Arkham Intelligence identified a wallet linked to World Liberty Financial purchasing approximately 342,000 ONDO governance tokens for $470,000 USDC via the CoW Protocol. This follows an earlier purchase of ONDO worth $245,000 two months ago, with the tokens recently transferred to Coinbase Prime.
The purchase coincided with Ondo Finance’s announcement of its upcoming layer-1 blockchain tailored for tokenized assets, marking a strategic move in the DeFi space.
Despite the investment, ONDO’s price dipped 3.7% in the past 24 hours to $1.298, mirroring a broader market downturn, with the CoinDesk 20 Index dropping 3.1%. Alongside ONDO, World Liberty Financial has also been actively accumulating TRX and wrapped Bitcoin (WBTC), reinforcing its growing presence in digital assets.
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