Eric Trump stated that World Liberty Monetary, the decentralized finance venture with ties to the Trump household, plans to amass a “substantial place” within the TRUMP memecoin for its long-term treasury because it “aligns” with the venture.
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 had 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 venture has however accrued a number of lesser-known tokens, together with BUILDon (B) after the venture introduced it will use WLF’s USD1 stablecoin for real-world use circumstances.
