Trump World Liberty Invests in ONDO, Boosting RWA Token Focus

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.

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