NEW: Trump-backed World Liberty Financial’s co-founder Chase Herro says the platform plans to create its own strategic reserve with the tokens bought.

Chase Herro, co-founder of World Liberty Financial, announced plans to establish a strategic reserve using tokens purchased by the platform, which is backed by former President Donald Trump, indicating a significant move in the crypto space with political backing. The platform's connection to Trump adds a layer of political intrigue, especially considering Trump's history of promoting cryptocurrency initiatives, like accepting crypto donations for his campaign, suggesting a strategic alignment with his political and financial interests. This development ties into broader discussions about the integration of cryptocurrencies into traditional political and financial systems, potentially influencing market dynamics and public perception of crypto as a legitimate financial tool.

CRYPTO CURRENCY