According to Arkham Intelligence, the DeFi project World Liberty Financial (WLFI) of the Trump family spent $250,000 USDC to buy 134,216 ONDO through Cow Protocol at 5:51 AM on December 16. Ondo Finance focuses on tokenizing real-world assets (RWA) and improving liquidity as well as efficiency in financial markets through products like the OUSG short-term bond fund and USDY interest-bearing stablecoin.

World Liberty is a cryptocurrency project initiated by the Trump family with support from Polychain. Projects like LINK, AAVE, ENA, and ONDO have all received investment from Polychain.

This recent purchase is part of World Liberty Financial's broader investment strategy. As of November 31, the project has invested nearly $45 million in five different cryptocurrencies. These investments include Ethereum (ETH), cbBTC, Chainlink (LINK), Aave (AAVE), Ethena (ENA), and Ondo Finance (ONDO). The acquisition of these digital assets underscores WLFI's commitment to diversifying its portfolio and strengthening its position in the decentralized finance sector.

In total, as of November 31, World Liberty Financial has spent $44.66 million to purchase 5 cryptocurrency assets, including:

  • 8,105 $ETH (cost: $30 million, average purchase price: $3,701)

  • 102.9 $cbBTC (cost: $10 million, average purchase price: $97,181)

  • 78,387 $LINK (cost: $2 million, average purchase price: $25.51)

  • 5,886 $AAVE (cost: $1.91 million, average purchase price: $324.4)

  • 509,955 $ENA (cost: $500,000, average purchase price: $0.981)

  • 134,216 $ONDO (cost: $250,000, average purchase price: $1.863)

Following this news, the price of ONDO surged over 10%, currently trading at $2.05. The price of ONDO has increased by 123% in the past 30 days, according to data from Coingecko.

Price of ONDO over the past month | Source: Coingecko

As reported by Bitcoin Magazine, World Liberty has spent an additional $1 million USDC to buy 37,052 LINK, $246,722 USDC to purchase 685,425 AAVE, and $500,000 USDC to acquire 509,955 ENA through Cow Protocol. In addition to ETH and cbBTC, World Liberty currently holds approximately $2.28 million worth of LINK and $1.48 million worth of AAVE.

The COW token of Cow Protocol also benefited greatly from this, with the token price increasing by 50% in 24 hours and 150% over the past two weeks.

Source: https://tapchibitcoin.io/ondo-tang-hon-10-sau-khi-world-liberty-financial-cua-trump-mua-250k.html