• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Trump World Liberty Invests in ONDO, Boosting RWA Token Focus

Trump World Liberty Invests in ONDO, Boosting RWA Token Focus

user avatar

by Giorgi Kostiuk

2 years ago

Trump World Liberty, a crypto project backed by the Trump family, invested $250,000 in ONDO tokens, strengthening its presence in the DeFi and RWA spaces.

Trump World Liberty's Investment

The $250,000 investment in ONDO was completed on December 16 via CowSwap, resulting in the purchase of 134,216 ONDO tokens at an average price of $1.83.

Market Response to Purchase

Following the acquisition, ONDO token prices surged by 16%. Subsequently, the $COW token used on the CowSwap platform saw a 52% increase in value.

Portfolio Diversification

With this purchase, the project's portfolio now includes major DeFi tokens like LINK and AAVE as well as RWA-focused tokens such as ENA and ONDO. Market analysts highlight that the Trump family's focus on RWA tokenization aligns with potential regulatory and tax reforms.

Trump World Liberty's investment in ONDO illustrates their commitment to diversification and reinforcing their position in DeFi and RWA token domains.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Block Investigates Coldcard Wallet Drainage Reports

chest

Block's engineering and security teams are investigating reports of drained non-Bitkey wallets, including Coldcard devices.

user avatarMaria Gutierrez

Coinkite Identifies AI-Exploited Flaw in Coldcard Wallets

chest

Coinkite has revealed a significant security flaw in its Coldcard Mk3 hardware wallets, leading to substantial Bitcoin losses.

user avatarDavid Robinson

xAI Challenges Minnesota's AI Nudification Law in Federal Court

chest

xAI, founded by Elon Musk, sues Minnesota AG to block HF 1606, a law regulating AI nudification software, claiming it violates free speech.

user avatarAndrew Smith

Concerns of an AI Bubble Similar to 2008 Housing Crisis

chest

Concerns about a potential AI bubble are being discussed, drawing comparisons to the 2008 housing crisis and the dot-com bubble.

user avatarZainab Kamara

Rising Treasury Yields Impact Stock and Crypto Markets

chest

The recent surge in US 30-year treasury yields is impacting stock and cryptocurrency markets, leading to increased borrowing costs and a preference for safer investments.

user avatarJacob Williams

AI Companies Destroying Books for Training Data Raises Concerns

chest

AI companies are acquiring and destroying physical books to create training datasets, raising concerns about copyright and the preservation of literary works.

user avatarSon Min-ho

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.