Trump-Backed World Liberty Financial Buys $470K ONDO Tokens

Quick Summary:

The investment occurred as Ondo announced the introduction of its own blockchain for tokenized assets.

Along with ONDO, the Trump family-backed DeFi project has also been accumulating TRX and wrapped Bitcoin (WBTC).

It first bought ONDO two months ago, worth $245,000 at the time, before sending the tokens to Coinbase Prime earlier this week.

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Article Details

Author / Journalist: Krisztian Sandor, Francisco Rodrigues

Category: Crypto

Markets: United StatesCuba

Topics: Tokenization On-chain Data Markets World Liberty Financial

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-06 @ 17:21:46 (13 hours ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 150 words

Reading Time: 1 minutes read

Sentences: 21 lines

Sentence Length: 8 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 25936295

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News Last Updated: 8 hours ago

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