World Liberty Financial supported by the Trump family sets up $ 1.5 billion Crypto Trésor
The Trump family began to tease the launch of World Liberty Financial Hall last August, before the American presidential election of 2024. Initially, we did not know what services the company would provide; The land was simply “making finances again well”.
Since then, World Liberty Financial has launched USD1, a so-called stablecoin has been attached to the value of the US dollar and the WLFI room.
WLFI was initially supposed to be used only to vote on the changes in the financial projects of world freedom, not for trading. But in July, WLFI holders voted by a landslide to make the token negotiable on the secondary market. World Liberty Financial has not yet confirmed when trading starts.
The Crypto -Trésor Treasury Strategy that World Liberty Financial Research was first popularized by the strategy – Microstrategy, a listed software company that has accumulated a bitcoin mine, worth more than $ 74 billion. The strategy has long exchanged a value that far exceeds its Bitcoin operations.
Since Trump was re-elected in November on a rigorously pro-Crypto platform, the copying cash companies have flooded American public procurement. In recent months, figures such as Brandon Lutnick, the son of the American trade secretary Howard Lutnick, and David Bailey, an evangelist of Bitcoin who would have advised Trump on cryptographic policy, launched their own respective Bitcoin treasure vehicles. Two companies listed in Nasdaq with links with China also recently made it possible to do so hundreds of millions of dollars to acquire a combination of Bitcoin and Trump’s same.
The strategy “has been the most efficient actions of any other on the public market since this first purchase of Bitcoin. Naturally, other companies are attracted by this return profile, ”told Wired Bill Papanastasiou, director of research on the actions of analyst KBW, Wired in the year.
Alt5, with its newly formed WLFI treasure, is part of this broader phenomenon. But unlike the others, the underlying piece is not yet publicly negotiable.
“World Liberty Financial declares that his token, which was originally supposed to be a token only of governance, will now be liquid and negotiable. “This is really what’s going on.”
Others are less skeptical about economic principles under cryptographic cash societies; The possibility of expanding the amount of the crypto they hold by action by winning the yield on the assets of the Treasury, marketing derivatives and emitting a convertible debt, they say justify the swollen assessments.
“It is in a way an anathema for everything I learned as a value investor … but I realized that there was a real fundamental thesis why they can and should exchange [at a premium to the value of their treasuries]”Explains Cosmo Jiang, general partner of the Crypto Pantera Capital investment company, which has invested in a number of cryptographic cash companies.” They actually remind me of a lot of banks, if you summarize it. A bank has a bunch of deposits and then leaves and tries to generate a return on these deposits. »»
“I am a little optimistic about these vehicles,” explains Thomas Braziel, co -founder of the investment company 507 capital. “I do not yet know why someone would be so worried … A bubble, maybe that makes a title, but I don’t think it’s correct.”
But even investors who see a promise in the strategy of the cryptographic treasury recognize a risk associated with the extent of the Trump family entitles to the industry, which they fear could lead to political return if the Democratic Party should go back to power.
“The biggest risk for me in crypto at the moment – if you are a brother or a crypto bull – is the shameless pocket line made by the Trump family,” says Braziel. “For Trump, if there is no conflict, there is no interest.”
