Donald Trump’s new decentralized finance (DeFi) platform, World Liberty Financial (WLFI), is making waves in the crypto world.
The platform, co-founded by Trump and his sons, Donald Jr. and Eric, is investing $77 million in various cryptocurrencies, with a focus on Ethereum, Ondo Finance, and AAVE.
WLFI’s biggest investment is in Ethereum (ETH), with $61.19 million allocated to the blockchain. Ethereum is a key player in the crypto space, powering many decentralized apps (dApps), non-fungible tokens (NFTs), and smart contracts.
Despite its price fluctuations, Ethereum remains a top choice for developers and investors, and WLFI’s investment shows confidence in its long-term value.
WLFI has also invested in Ondo Finance (OND), a platform that tokenizes real-world assets like U.S. Treasury bills. This allows for new investment opportunities backed by government securities.
Ondo has partnered with BlackRock, a leading asset management company, helping it stand out in the growing real-world asset market, which is expected to reach $50 billion by 2025.
AAVE, a popular DeFi platform for lending and borrowing, is another key investment for WLFI. With a $2 million investment, WLFI is using AAVE’s technology to build its own lending platform. AAVE benefits from the relationship by receiving a share of WLFI’s fees and token supply.
As Trump’s inauguration approaches, WLFI’s investments in Ethereum, Ondo Finance, and AAVE are expected to play a major role in shaping the future of decentralized finance.
These moves show Trump’s shift from being skeptical about crypto to supporting it as a key part of his financial strategy.