PANews reported on February 7 that according to Bloomberg, Chase Herro, co-founder of World Liberty Financial (WLFI), the DeFi project of US President Trump, said that the platform plans to create a "strategic reserve" with the purchased tokens. Herro did not specify what the goal of World Liberty's token reserve is. The topic has been in the spotlight since Trump promised to set up a token reserve during his campaign last year. Last month, he signed an executive order to assess the feasibility of creating a digital asset reserve. Donald Trump Jr. appeared at the Ondo Summit held at the Jazz Hall of Lincoln Center on Thursday, the latest move by the president to show support for the digital asset industry.

Although World Liberty is promoted as a DeFi lending platform, it has not yet started operations. So far, the project is known for purchasing niche tokens.