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Anthony Bourdain went out of his way to avoid and outwit a man inside him who wanted to rot in bed all day.
I do something similar with my inner contradiction. But I can’t help it: the crypto portfolio of Trump-linked DeFi platform World Liberty Financial could very well turn out to be the strategic crypto reserve that many expect to be announced soon.
And it’s already starting to get messy.
For the conspiracy theorist who sometimes types for me – like the rat in Ratatouille – there are clear signs.
Donald Trump Jr. might have let X pass. To commemorate Trump Sr.’s second inauguration on Monday, when he became the 45th and 47th US presidents, World Liberty Financial made a series of what it called “strategic purchases” of several currencies.
Deep thinkers would quickly notice that one of those coins is not like the others.
World Liberty Financial runs on Ethereum – so ETH makes sense. Trump has also done well to woo the Bitcoiners, so wBTC gets a green check as a DeFi-compatible nod to the real thing.
This also applies to AAVE, LINK and ENA. Platforms linked to all three coins are expected to integrate with World Liberty Financial when it goes live.
But why TRX?
(The conspirator in me is now screaming about the $30 million plowed in the World Liberty Financial token sale by Tron founder Justin Sun last month. And the strange switch from cbBTC to WBTC in the midst of that drama. Ignore him.)
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Somehow he smuggled this through
For what it’s worth, if World Liberty Financial really is the US crypto strategic reserve in disguise, it’s doing pretty well so far.
Since the end of November, it has issued $220.1 million in crypto. Now it is worth $234 million, which means a lead of more than 6%, with gains on BTC, ETH and AAVE versus losses on TRX, ENA and ONDO.
Maybe let it cook.