World Liberty Financial Expands Crypto Portfolio with $470K ONDO Purchase Amid Ondo Finance Blockchain Move
World Liberty Financial, a DeFi platform backed by President Donald Trump and his family, has increased its exposure to Ondo Finance by acquiring $470,000 worth of ONDO tokens.
Blockchain data from Arkham Intelligence shows that a wallet linked to World Liberty Financial purchased approximately 342,000 ONDO tokens via the CoW Protocol. This follows an earlier buy of $245,000 in ONDO two months ago, with the tokens recently transferred to Coinbase Prime.
The purchase coincides with Ondo Finance’s announcement of its own layer-1 blockchain focused on tokenized assets, positioning the firm at the forefront of on-chain finance. However, ONDO’s price has dipped 3.7% in the past 24 hours to $1.298, mirroring a broader crypto market downturn.
Alongside ONDO, World Liberty Financial has been actively accumulating other digital assets, including TRX and wrapped Bitcoin (WBTC), as part of its expanding DeFi strategy.
About The Author
More Stories
Cryptocurrencies slide ahead of Monday, as the federal shutdown clock ticks down.
According to Bitwise CIO Matt Hougan, bitcoin has the potential to climb to $6.5 million over the next two decades
Anatomy of BTC’s selloff: the dollar’s bottom marked bitcoin’s top.