Ondo Finance recently announced a strategic partnership with the Trump family-backed platform World Liberty Financial to promote tokenized real-world assets. However, this announcement has been removed from both the company's website and social media.
Deleted Announcement and Partnership Plans
According to Ondo Finance's deleted post, WLFI aimed to integrate Ondo's tokenized assets, including ONDO US Dollar Yield Token (USDY) and Short-Term US Government Treasuries (OUSG), into its network as treasury reserve assets, which would expand user access to blockchain securities in the WLFI ecosystem.
User Reactions and Confirmation of Facts
Netizens on X have shared snapshots of the deleted blog post, which included quotes from Donald Trump Jr. and Ondo Finance CEO Nathan Allman. At the recent Ondo Finance Summit, Donald Trump Jr. and Chase Herro, as keynote speakers, hinted at WLFI’s plan to create a digital currency reserve.
Ondo Token Price Movement
Ondo Finance’s token price climbed 1.15% upon the WLFI partnership announcement but retracted by 2.5%. It is currently up by 2% over the past 24 hours. Market indicators such as RSI and ADX suggest a market without a strong trend, indicating a balanced condition.
The partnership between Ondo Finance and World Liberty Financial has generated intrigue and questions, even after being removed. How this situation evolves will be of interest, as it could impact the tokenized real-world assets market.
