The Trump-family backed World Liberty Financial announced that it will launch a reserve to back various crypto ecosystems. World Liberty said it will diversify its token holdings and also engage with traditional finance firms to invest their tokenized assets into the reserve.

The Trump-backed World Liberty Financial has announced that it is launching a “transformative” token reserve to support different crypto ecosystems, according to a post released on X by the firm on Wednesday (Feb. 12).

World Liberty Financial, a cryptocurrency project backed by President Donald Trump, announced a strategic token reserve Tuesday to “bolster” projects like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).

The Donald Trump-linked World Liberty Financial is shifting funds into a "macro reserve" to help it navigate market volatility.

World Liberty Financial said its new token reserve would enable it to mitigate market volatility, empower the company to invest in innovative projects in decentralized finance, and develop a well-capitalized reserve.

World Liberty Financial launches a new Macro Strategy reserve while nearing completion of its token sale with 24 billion tokens sold and less than 1 billion remaining at $0.05 each.

The address scooped up about 342,000 ONDO, the platform's governance token, for $470,000 USDC on the CoW Protocol, according to data from Arkham Intelligence. It first bought ONDO two months ago, worth $245,000 at the time, before sending the tokens to Coinbase Prime earlier this week.