{"id":46843,"date":"2025-02-07T13:26:06","date_gmt":"2025-02-07T13:26:06","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/world-financial-liberty-co-founder-says-it-wants-to-create-a-strategic-token-reserve\/"},"modified":"2025-02-07T13:26:06","modified_gmt":"2025-02-07T13:26:06","slug":"world-financial-liberty-co-founder-says-it-wants-to-create-a-strategic-token-reserve","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/world-financial-liberty-co-founder-says-it-wants-to-create-a-strategic-token-reserve\/","title":{"rendered":"World Financial Liberty co-founder says it wants to create a \u201cstrategic\u201d token reserve"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/06\/1688140693394-a995e09d-e135-4a5b-b0ce-467aa113b7b7-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/06\/1688140693394-a995e09d-e135-4a5b-b0ce-467aa113b7b7-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/06\/1688140693394-a995e09d-e135-4a5b-b0ce-467aa113b7b7-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/06\/1688140693394-a995e09d-e135-4a5b-b0ce-467aa113b7b7-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li aria-level=\"1\">Chase Herro didn\u2019t specify what the purpose of holding a reserve for the platform would be<\/li>\n<li aria-level=\"1\">On Thursday, World Liberty Financial bought $470,000 worth of ONDO, the token linked to Ondo Finance<\/li>\n<\/ul>\n<p>The co-founder of World Liberty Financial has said that the DeFi project plans to create a \u201cstrategic reserve\u201d with the tokens it buys.<\/p>\n<p>Chase Herro made his comments at startup Ondo Finance\u2019s inaugural summit in New York; however, he didn\u2019t specify what purpose holding a reserve would be for the platform.<\/p>\n<p>According to <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-02-06\/trump-s-world-liberty-financial-plans-to-create-strategic-token-reserve\" target=\"_blank\" rel=\"noopener\">Bloomberg<\/a>, Herro appeared on stage alongside Donald Trump Jr. and fellow <a href=\"https:\/\/coinjournal.net\/search\/World+Liberty+Financial\">World Liberty Financial<\/a> (WFL) co-founders Zak Folkman and Zach Witkoff. The platform is backed by US President <a href=\"https:\/\/coinjournal.net\/search\/Donald+Trump\">Donald Trump<\/a> who\u2019s listed as Chief Crypto Advocate on the project\u2019s website.<\/p>\n<p>Herro\u2019s remarks follow as the WFL bought 342,000 ONDO tokens on Thursday, for a value of $470,000, according to\u00a0 <a href=\"https:\/\/intel.arkm.com\/explorer\/entity\/worldlibertyfi\" target=\"_blank\" rel=\"noopener\">Arkham Intelligence<\/a> data. The ONDO token is linked to ONDO Finance and is WFL\u2019s governance token.<\/p>\n<p>To date, WLF crypto holdings amount to $35.5 million with a majority held in USDC and Tron.<\/p>\n<p>The idea of a Bitcoin strategic reserve has gained enthusiasm, thanks to Trump who has floated the idea of such a move since his presidential win. Last month, the US president signed an executive order to establish a crypto working group designed to boost the advancement of crypto in America.<\/p>\n<p>It will also look into the possibility of <a href=\"https:\/\/coinjournal.net\/news\/donald-trump-signs-executive-order-for-crypto-working-group-to-provide-regulatory-clarity\/\">creating a national crypto stockpile<\/a>.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/world-financial-liberty-co-founder-says-it-wants-to-create-a-strategic-token-reserve\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Chase Herro didn\u2019t specify what the purpose of holding a reserve for the platform would be On Thursday, World Liberty Financial bought $470,000 worth of ONDO, the token linked to Ondo Finance The co-founder of World Liberty Financial has said that [&hellip;]<\/p>\n","protected":false},"author":3947362367,"featured_media":46844,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/46843"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362367"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=46843"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/46843\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/46844"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=46843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=46843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=46843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}