Donald Trump Jr.: Crypto Is America’s Key to Economic Leadership
Donald Trump Jr. made a surprise appearance at the Ondo Summit in New York City on Thursday, where he emphasized the strategic importance of cryptocurrency in securing America’s global financial dominance.
“Crypto isn’t just a passing trend—it’s the foundation for the next era of economic power,” Trump Jr. stated. “If we don’t lead, others will.”
His remarks coincided with World Liberty Financial (WLF)—a Trump-backed decentralized finance firm—investing $470,000 in ONDO tokens. The move came just hours after Ondo Finance revealed plans for Ondo Chain, a layer-1 blockchain aimed at tokenized assets.
Trump Jr. warned against excessive regulation, arguing that policymakers should foster innovation rather than hinder it. “We need a system that allows crypto to thrive while ensuring security. Overregulation kills progress,” he said.
Chase Herro, co-founder of WLF, echoed the sentiment, hinting at larger plans for the firm. “We’re assembling a strategic reserve of digital assets. This isn’t just about a single token—it’s about building a financial ecosystem,” he explained.
WLF has been steadily expanding its holdings, adding Ethereum (ETH), wrapped Bitcoin (WBTC), Tron (TRX), AAVE, and Chainlink (LINK) to its portfolio.
Earlier in the day, Trump Media and Technology Group (TMTG) also announced plans to launch multiple ETFs under the Truth.Fi brand, including the Truth.Fi Bitcoin Plus ETF, which would track BTC’s price.