ET 07:33

World Liberty Financial Token Strategy Yields Trump $594 Million as Partnership Promises Stall

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Narrative

World Liberty Financial, the Trump family's crypto venture, accumulated tokens from five projects—LINK, AAVE, ENA, MOVE and ONDO—many of which rallied 10% to 26% within a day of purchases becoming visible on-chain, according to Nansen analysis. The gains proved fleeting; most tokens have since fallen sharply. Announced integrations, including an Aave-powered lending marketplace, an Ethena stablecoin and Ondo tokenized Treasuries, never materialized. The company later disposed of or moved most holdings of four tokens. The same five token types appeared in Trump's financial disclosures as proceeds from World Liberty token sales. Trump-affiliated DT Marks DEFI LLC receives 75% of proceeds from certain token sales, and the venture added $594 million to Trump's net worth last year. World Liberty said it refines strategy as markets evolve and has no involvement in administration decisions. Chainlink, Ondo and Ethena executives had prior government or regulatory ties.

EditorWong Mei Ling