8 hours ago
Eric Trump said that World Liberty Financial, the decentralized concern task with ties to the Trump family, plans to get a "substantial position" successful the TRUMP memecoin for its semipermanent treasury arsenic it “aligns” with the project.
The announcement, posted to X connected Friday, framed the determination arsenic portion of a shared imaginativeness for “crypto, patriotism and semipermanent success.”
While fewer factual details were provided, the committedness suggests an effort to bring a veneer of organization value to a token that, similar astir memecoins, trades mostly connected attraction and branding.
It’s unclear however overmuch superior the steadfast plans to commit. Other holdings successful its portfolio see large altcoins similar ether ETH, bitcoin BTC, and TRX TRX, on with immoderate stablecoins.
The task has nevertheless accumulated respective lesser-known tokens, including BUILDon (B) aft the task announced it would usage WLF’s USD1 stablecoin for real-world usage cases.
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