World Liberty Financial, a decentralized finance (DeFi) platform supported by President Donald Trump and his family, has increased its investment in Ondo Finance, the second-largest issuer of tokenized Treasuries. The platform purchased 342,000 ONDO, Ondo Finance's governance token, for $470,000 USDC on the CoW Protocol. This comes as Ondo Finance announced plans to launch its own layer-1 blockchain for tokenized assets. ONDO is currently trading at $1.298, down 3.7% in the last 24 hours, amidst a wider market decline. World Liberty Financial has also been accumulating TRX and wrapped Bitcoin (WBTC).



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