Latest news with #BUILDon
Yahoo
07-06-2025
- Business
- Yahoo
World Liberty Financial to ‘Align' With TRUMP Memecoin, Add It to Treasury
Eric Trump said that World Liberty Financial, the decentralized finance project with ties to the Trump family, plans to acquire a "substantial position" in the TRUMP memecoin for its long-term treasury as it 'aligns' with the announcement, posted to X on Friday, framed the move as part of a shared vision for 'crypto, patriotism and long-term success.'While few concrete details were provided, the commitment suggests an effort to bring a veneer of institutional weight to a token that, like most memecoins, trades largely on attention and unclear how much capital the firm plans to commit. Other holdings in its portfolio include major altcoins like ether ETH, bitcoin BTC, and TRX TRX, along with some project has nevertheless accumulated several lesser-known tokens, including BUILDon (B) after the project announced it would use WLF's USD1 stablecoin for real-world use cases.
Yahoo
23-05-2025
- Business
- Yahoo
Trump-Backed World Liberty Financial Buys BUILDon Token, Sending the Price Up 1,340%
World Liberty Financial, the crypto project backed by U.S. President Donald Trump's family, announced Wednesday that it bought BUILDon (B), sparking a 1,340% move in the BNB Chain token. The purchase came after BUILDon announced it would be using WLFI's USD1 stablecoin to create real-world use cases. "We just bought some $B to support the BUILDon team," World Liberty Financial wrote in a social media post. "Love seeing projects choose $USD1 as their base pair — faster settlement, deeper liquidity, and growing every day. We hope to see more tokens make the switch," the post added. Data from Arkham shows that World Liberty Financial holds 636,000 B tokens valued at $172,000. Prior to the purchase, the B token was valued at around $40 million in terms of market cap, attracting less than $100 million in daily trade volume. That volume figure over the past 24 hours surpassed $1.2 billion following World Liberty Financial's announcement. The majority of that volume has taken place on decentralized exchange Pancakeswap, which is BNB Chain's answer to Uniswap. It is not yet listed on any major exchanges. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
