Trump Vows ‘Something Great’ With Crypto After NYSE Bell Ring, WLFI Shifts Assets

Former president hints at pro-crypto policies while markets show signs of recovery

  • Donald Trump announced plans to integrate cryptocurrency initiatives after ringing the NYSE bell.
  • World Liberty Financial’s multisig wallet shows recent diversification into ETH, LINK, and AAVE without token holder votes.
  • The project sold 4.45 billion tokens, with Justin Sun acquiring approximately half the public allocation.
  • A Trump-affiliated entity received 22 billion tokens and 75% of protocol revenue.
  • The protocol established a partnership with ChainLink and plans to function as an AAVE wrapper.

Trump Signals Crypto Push After NYSE Bell Ring, World Liberty Financial Shifts Assets

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Former U.S. President Donald Trump indicated plans for cryptocurrency initiatives during his appearance at the New York Stock Exchange today, responding to questions about potential “strategic Bitcoin reserves.” The announcement coincides with significant developments in Trump-affiliated crypto project World Liberty Financial.

Asset Diversification Without Governance

World Liberty Financial, which positions Trump as “Chief Crypto Advocate,” has executed several significant portfolio adjustments in its multisignature wallet, converting USDC stablecoins to:

  • Ethereum (ETH)
  • Chainlink (LINK)
  • Aave (AAVE)

These transactions occurred without prior discussion on the project’s governance forum or token holder approval, despite the token’s marketing as a governance instrument.

Token Distribution and Revenue Structure

The project’s token distribution reveals significant concentration:

  • 4.45 billion tokens sold to the public
  • Approximately 50% of public tokens acquired by crypto entrepreneur Justin Sun
  • 22 billion tokens allocated to a Trump-affiliated organization

The Trump-affiliated entity receives 75% of protocol revenue, though neither Trump nor his children maintain official positions within the organization. The protocol has secured a partnership with Chainlink and aims to operate as an AAVE wrapper, integrating with existing DeFi infrastructure.

The development follows previous cryptocurrency ventures connected to the Trump family, including Melania Trump’s NFT initiatives, which faced scrutiny over alleged wash-trading activities. Justin Sun, a major token holder, currently faces SEC allegations regarding securities violations and market manipulation.

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