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Trump's Crypto Project Skipped This Altcoin Empty Last Week: Now It Buys! - Coin Bulletin
World Liberty Financial, instead of investing, converted $470,000 worth of USDC into 342,000 ONDO tokens and added this altcoin to its portfolio in recent weeks.
The World Liberty Financial, known to be owned by US President Donald Trump's family, continues its movements in the crypto market. Most recently, it was found that the fund converted 470,000 USDC worth of USDC into 342,000 ONDO tokens. This development is noteworthy in terms of the fund's shift towards ONDO, which it had avoided investing in in the past weeks.
Although ONDO token has lost 15% of its value in the last week, World Liberty Financial seems to be viewing this decline as an opportunity.
In the past weeks, the fund invested in major assets such as Ethereum (ETH), Wrapped Bitcoin (WBTC), and TRON (TRX), but did not include ONDO in its portfolio. However, this recent transaction suggests a possible change in the fund's strategy.