World Liberty Financial, the Trump family DeFi fund, once again bought 803K MOVE, potentially adding hype to the Movement project. The fund divested some of its previous holdings in a portfolio reorganization.

The address scooped up about 342,000 ONDO, the platform's governance token, for $470,000 USDC on the CoW Protocol, according to data from Arkham Intelligence. It first bought ONDO two months ago, worth $245,000 at the time, before sending the tokens to Coinbase Prime earlier this week.

In an X post, World Liberty Financial denied rumors that it was pursuing “token swaps” with various cryptocurrency projects.

The co-founder of World Liberty Financial has said that the DeFi project plans to create a “strategic reserve” with the tokens it buys.

Donald Trump's World Liberty Financial to establish a strategic crypto reserve, signaling deeper involvement in digital assets.

World Liberty Financial saw a significant development as the company's co-founder, Chase Herro, announced plans to establish a "strategic reserve" using tokens purchased by the firm. This move comes as the decentralized finance (DeFi) project receives notable backing from President Donald Trump and his family.

World Liberty Financial plans to create a “strategic reserve” with the crypto tokens it has purchased, according to a Bloomberg report.