Trump backed World Liberty Financial to acquire TRX for treasury
Coindesk •
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Promote with Leviathan NewsWorld Liberty Financial, the decentralized finance project closely tied to the Trump family, plans to acquire tron (TRX) tokens for use in its on-chain treasury, according to a report from CoinDesk citing a person familiar with the matter. The platform, launched in 2024 and governed by the WLFI token, is structured so that purchasers of WLFI receive governance rights over protocol decisions but no equity stake, while a Trump business entity holds a controlling economic interest in the venture. By late 2025, reporting indicated that the Trumps had generated significant paper and realized gains from WLFI token sales and retained a large unsold allocation, raising ongoing scrutiny about financial conflicts of interest as Donald Trump returns to the U.S. presidency. The reported move into TRX aligns with World Liberty Financial’s broader effort to build a diversified crypto treasury backing its protocol and governance system, which already involves holdings such as ETH and wrapped bitcoin as collateral for its lending markets. Using TRX in the treasury would further integrate the project into existing blockchain ecosystems, potentially deepening liquidity options and expanding the range of assets that can support WLFI-denominated activity. At the same time, any sizable TRX acquisition by a high-profile vehicle associated with a sitting president’s family adds another layer of political and regulatory attention to both World Liberty Financial and its counterpart networks, reinforcing concerns about how large, politically connected token treasuries might influence crypto markets and public policy.
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