7-2-2025 (WASHINGTON) Donald Trump Jr. has made a compelling case for cryptocurrency’s role in maintaining American economic supremacy during his unexpected appearance at Thursday’s Ondo Summit in New York City.
The former first son delivered his remarks following World Liberty Financial’s (WLF) significant acquisition of Ondo’s native cryptocurrency tokens earlier in the day. “I firmly believe cryptocurrency could be instrumental in preserving American economic hegemony and our position of strength on the global stage,” Trump Jr. told attendees.
In his address, Trump Jr. emphasised the need for balanced regulation in the cryptocurrency sector. “We must establish a framework that recognises crypto as tomorrow’s financial backbone, whilst ensuring regulations don’t stifle the very innovation that makes it revolutionary,” he explained.
The summit coincided with notable developments in the Trump family’s growing cryptocurrency ventures. Chase Herro, who co-founded World Liberty Financial, revealed plans for a “strategic reserve” of digital assets, underscoring the firm’s commitment to blockchain innovation.
WLF has recently garnered attention for its extensive cryptocurrency portfolio investments, including substantial holdings in Ethereum, wrapped Bitcoin, Tron’s TRX, AAVE, and Chainlink’s LINK. The firm’s latest move involved acquiring approximately £370,000 worth of ONDO tokens, following Ondo Finance’s announcement of their forthcoming layer-1 blockchain platform, Ondo Chain, specifically designed for tokenised assets.
In a parallel development, Trump’s media enterprise announced plans to launch several exchange-traded funds, including the Truth.Fi Bitcoin Plus ETF, aimed at tracking Bitcoin’s market performance.
