Trump's youngest son supports cryptocurrency, WLF plans strategic reserves
Earlier this week, WLF took advantage of the market downturn to buy more cryptocurrencies. It is said that the company purchased tens of millions of dollars in Ether after the price drop over the weekend. Previously, the sudden imposition of tariffs on Mexico and Canada by the U.S. President affected global financial markets.
Although WLF is said to be a DeFi lending platform, it has not yet started operations. So far, it has mainly gained fame by purchasing various digital tokens. Considering the involvement of the Trump family and the government's influence on cryptocurrency regulation, the company's investment and strategic reserve plans have raised questions about potential conflicts of interest.
Additionally, Ondo Finance announced the launch of a new blockchain called Ondo Chain specifically for tokenized assets. As discussions around digital finance continue, the company's development has attracted the attention of investors and policymakers.
