Trump-backed WLFI buys 342,000 ONDO crypto tokens – Why?

• World Liberty Monetary invests in ONDO crypto tokens, signaling a rising curiosity in tokenized property
• Ondo Finance declares the launch of Ondo Chain to revolutionize tokenized securities for establishments

Trump-backed World Liberty Monetary (WLFI) has made a considerable transfer, snapping up 342,000 Ondo [ONDO] tokens.

This funding comes simply as Ondo Finance, a key participant within the tokenized property house, unveiled its plans to launch its blockchain.

The timing of the transaction, coinciding with this main improvement, has raised eyebrows and sparked discussions about potential institutional curiosity in Ondo’s future development and the broader implications for the tokenized property sector.

World Liberty Monetary expands crypto portfolio 

WLFI, backed by Donald Trump and his household, just lately swapped $470,000 in USDC for 342,000 ONDO tokens through CoW Protocol. This follows a purchase order of $245,000 value of ONDO tokens two months in the past, displaying rising curiosity within the asset.

The tokens have been later transferred to Coinbase Prime, indicating WLFI could also be positioning itself for safe holding and potential buying and selling.

Together with ONDO, WLFI has additionally been buying Tron [TRX], Wrapped Bitcoin [WBTC], and Ethereum [ETH], additional increasing its presence within the blockchain-based monetary market.

Ondo Finance launches Ondo Chain

This funding in ONDO comes as Ondo Finance took a serious step by asserting the launch of Ondo Chain on the sixth of February. This new blockchain answer is designed to allow establishments to seamlessly combine tokenized property into the DeFi house.

Ondo Chain will assist Ondo International Markets, providing on-chain entry to conventional property like US shares, bonds, and ETFs.

Concerning the launch, Nathan Allman, CEO of Ondo Finance, mentioned:

Monetary markets are overdue for an improve…We’re creating an ecosystem that bridges the very best of conventional finance with blockchain know-how.

The blockchain goals to unravel key challenges in tokenized securities, like excessive transaction charges, liquidity fragmentation, and regulatory compliance.

By combining options of each public and permissioned blockchains, Ondo Chain provides the accessibility of public blockchains whereas guaranteeing regulatory adherence by permissioned validators. 

Consequently, main monetary establishments, together with Franklin Templeton and Wellington Administration, are already collaborating with Ondo to form the platform’s improvement.

Learn Ondo Finance’s [ONDO] Value Prediction 2025–2026

ONDO: Key ranges to observe

The ONDO/USDT each day chart displays a consolidation section after a notable rally in December 2024.

The RSI hovered close to the impartial 50 stage, indicating indecision amongst merchants. OBV instructed regular accumulation, hinting at underlying bullish sentiment.

Supply: TradingView

Key resistance lies at $1.50, a psychological and structural barrier. A decisive shut above this stage might pave the way in which for a retest of the December peak round $1.70.

The worth bounced off the $1.20 assist stage, aligning with the latest value bounces and the decrease consolidation vary.

A breach of this stage could sign additional draw back towards $1.00.