Eric Trump mentioned that World Liberty Financial, the decentralized finance mission with ties to the Trump household, plans to purchase a “substantial place” within the TRUMP memecoin for its long-term treasury as it “aligns” with the mission.
The announcement, posted to X on Friday, framed the transfer as a part of a shared imaginative and prescient for “crypto, patriotism and long-term success.”
Whereas few concrete particulars have been supplied, the dedication suggests an effort to convey a veneer of institutional weight to a token that, like most memecoins, trades largely on consideration and branding.
It’s unclear how a lot capital the agency plans to commit. Different holdings in its portfolio embrace main altcoins like ether
, bitcoin , and TRX , together with some stablecoins.
The mission has however amassed a number of lesser-known tokens, including BUILDon (B) after the mission introduced it would use WLF’s USD1 stablecoin for real-world use instances.
