The "Macro Strategy" fund for Bitcoin, Ether, and other cryptocurrencies is launched by Trump's WLFI.

A strategic reserve fund was established by US President Donald Trump's blockchain platform to support the expansion of some of the largest cryptocurrencies.

The "Macro Strategy" fund for Bitcoin BTCUSD, Ether ETHUSD, and other cryptocurrencies "at the forefront of reshaping global finance" was unveiled by Trump's World Liberty Financial (WLFI) decentralised finance platform.

The fund intends to enhance those initiatives and broaden their functions within the changing financial ecosystem, per a release made on February 11:

"By working together, we are creating a legacy that unites the domains of decentralised and traditional finance and establishes new benchmarks for the sector."
By spreading the platform's holdings across a "spectrum of tokenised assets," the fund seeks to "enhance stability" and guarantee a "resilient financial system."

According to Joseph Lubin, co-creator of Ethereum and founder of Consensys, the announcement follows three weeks of intense rumours that the Trump family would start a "giant" company using Ethereum.

"From what I understand, the Trump family will use Ethereum to create one or more massive companies," Lubin stated. "The Trump administration will use ETH in order to do what is best for the United States."

According to Lubin, the Trump administration may eventually incorporate Ethereum technology into its operations, just like it does with internet protocols now.

Institutional TradFi collaborations are the focus of Trump's WLFI.

According to the release, the Trump family's DeFi platform would also seek to expand its collaborations with conventional finance (TradFi) organisations.

"We are actively working with reputable financial institutions to contribute tokenised assets to our reserve in line with our mission to bridge traditional finance and decentralised finance."
It further stated that TradFi institutions that collaborate with WLFI's new fund will benefit from creative marketing opportunities and public blockchain visibility.

A thorough proposal for the Macro Strategy fund will soon be made public on WLFI's governance forum.

Cointelegraph reported on February 9 that the University of Austin is planning to build a first-of-its-kind Bitcoin fund worth over $5 million as part of the university's $200 million endowment fund, demonstrating the ongoing institutional embrace of Bitcoin.

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