World Liberty Financial, the crypto project of the Trump family, bought LINK and AAVE to build a “strategic token reserve fund,” causing the prices of these tokens to rise in the short term after the information was released.

Trump’s financial disclosure filings show that the sale of tokens generated millions of USD in profit. World Liberty Financial is also said to have added $594 million to his net asset value in the previous year.

The project previously announced a range of partnerships, including lending activities with Aave and plans related to tokenized U.S. Treasury bonds from Ondo. These partnerships have not been implemented as announced.

These developments have raised concerns about conflicts of interest. There are currently no additional details on the progress of implementing the cooperation relationships that World Liberty Financial has announced.

Source: https://tintucbitcoin.com/world-liberty-thu-trieu-usd-tu-token-nhieu-hop-tac-dang-do/

Thank you for reading this article!

Like, Comment, and Follow TinTucBitcoin to stay updated with the latest news in the cryptocurrency market and not miss any important information!

$BTC $ETH $BNB $XRP $SOL