Eric Trump: TRUMP tokens have reached cooperation with WLFI, and WLFI promises to hold a large number of Meme coins in its vaults
Trump's second son Eric Trump announced on social media on June 7 that $TRUMP Meme Coin has reached cooperation with WorldLibertyFi. Although their meme wallet project has not made progress, they are still focused on creating the world's most exciting MEME - $Trump.
Eric also said that World Liberty Financial (WLFI) plans to hold TRUMP tokens on a large scale in its long-term reserve asset portfolio, and emphasized that the two parties have a common vision in "cryptocurrency, patriotism and long-term success."
This cooperation marks the Trump family's further integration of its crypto asset layout. Although the wallet project originally planned to be launched by the TRUMP Meme Coin team has been suspended, it will still focus on the ecological construction of TRUMP tokens.
As a DeFi platform supported by the Trump family, WLFI has previously raised $455 million through two rounds of token sales and established a reserve portfolio of mainstream crypto assets such as ETH and WBTC.
Market analysts believe that this cooperation may strengthen the concept of "presidential selection", that is, empowering specific crypto assets through political influence.
It is worth noting that WLFI has previously established cooperation with the TRON ecosystem, such as issuing its stablecoin project USD1 on the TRON chain to jointly explore the territory of the cryptocurrency field.
However, the project has also been controversial because 75% of the sales revenue belongs to the Trump family, and it has been questioned as a "political fundraising tool rather than a real DeFi product."
It is worth noting that WLFI has been active recently, including cooperating with Abu Dhabi investment institution MGX to use its stablecoin USD1 to complete a $2 billion investment in Binance.
The inclusion of TRUMP tokens as reserve assets may further expand its influence in the Meme coin field. Eric Trump said "this is just the beginning", suggesting that more cooperation plans may be announced in the future.
In summary, the Trump family is deeply bound to the TRUMP token through WLFI, and this "celebrity Meme capital" model is building a new ecology that integrates politics and crypto finance.
Do you think that the endorsement of politicians' family projects will increase the long-term value of Meme Coin, or will it only create a short-term bubble?
