World Liberty Financial Partners with Chainlink, Backed by Trump Family, to Enhance DeFi Capabilities

World Liberty Financial (WLFI) is a new decentralized finance (DeFi) protocol. It has the backing of Donald Trump and his family. Recently, they announced they will use Chainlink's services to connect better with the crypto world.

Chainlink will provide important pricing data and help with cross-chain interoperability. This means WLFI can work smoothly across different blockchain networks.

Sergey Nazarov, co-founder of Chainlink, shared, “The Chainlink standard is already widely used across DeFi and will help WLFI attract users who value security and reliability.”

WLFI is led by Zachary Folkman and Chase Herro. They previously worked on Dough Finance, which faced a security issue last July, losing $2 million in crypto assets. Members of the Trump family, including Donald Trump, have publicly supported this project. Donald Trump is titled the “Chief Crypto Advocate,” while his sons, Eric and Donald Jr., serve as “Web3 Ambassadors.” Barron Trump is recognized as a “DeFi Visionary.”

The platform plans to launch on Aave’s v3 platform on the Ethereum mainnet. This will allow them to provide liquidity for ether (ETH), wrapped bitcoin (wBTC), stablecoins, and other digital assets.

Eric Trump, the Web3 Ambassador at WLFI, stated, “World Liberty Financial's partnership with Chainlink marks a huge step forward. We have never been more bullish on crypto or the overall future of DeFi technology.”