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A Donald Trump-linked crypto wallet has made headlines by investing $10 million in Chainlink (LINK), Ethereum (ETH), and Aave, signaling a potential shift in market dynamics. The wallet, associated with the Trump family's World Liberty Financial project, executed significant purchases, including 2,631 ETH and 41,335 LINK, raising speculation about future investments. While Trump's pro-crypto stance is evident, the extent of his personal involvement remains unclear, with insights suggesting influence from his sons, Barron and Eric.
UBS Asset Management, SWIFT, and Chainlink have successfully completed a pilot project for settling tokenized fund subscriptions and redemptions, integrating digital asset transactions with traditional fiat systems. This initiative, part of Singapore's MAS Project Guardian, aims to address inefficiencies in fund processing, enhancing liquidity and reducing operational costs. Chainlink's technology facilitated the automatic minting and burning of fund tokens, signaling a potential shift in how financial institutions manage digital asset transactions.
Sam Cooling
People
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Trump linked wallet invests 10 million in Chainlink and Aave
18:31 13.12.2024
swift and chainlink pilot tokenized fund settlements with ubS
12:07 05.11.2024
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