Trump’s World Liberty Financial Adopts Chainlink for DeFi Expansion

Last updated:

Author

Hongji Feng

Author

Hongji Feng

About Author

Hongji is a crypto and tech reporter. He graduated from Northwestern University’s Medill School of Journalism with a Bachelor’s and a Master’s. He has previously interned at HTX (Huobi Global),…

Last updated:

Why Trust Cryptonews

With over a decade of crypto coverage, Cryptonews delivers authoritative insights you can rely on. Our veteran team of journalists and analysts combines in-depth market knowledge with hands-on testing of blockchain technologies. We maintain strict editorial standards, ensuring factual accuracy and impartial reporting on both established cryptocurrencies and emerging projects. Our longstanding presence in the industry and commitment to quality journalism make Cryptonews a trusted source in the dynamic world of digital assets. Read more about Cryptonews

Trump's World Liberty Financial Adopts Chainlink for DeFi Expansion

World Liberty Financial (WLFI) has entered into a partnership with Chainlink, announced Thursday, to expand its decentralized finance (DeFi) initiatives.

This collaboration will leverage Chainlink’s secure price feeds and data services to support WLFI’s DeFi applications, including the upcoming Aave v3 integration.

As part of this initiative, WLFI will integrate Chainlink Price Feeds to secure the pricing of various digital assets on the Ethereum mainnet.

This step is important in providing WLFI’s DeFi platform with the reliable data needed for smooth operations.

Chainlink will also help address cross-chain interoperability, enabling WLFI’s platform to connect with other blockchain networks.

According to Chainlink, its Price Feeds have successfully secured AAVE since its launch, contributing to the continued security of AAVE’s markets for over five years.

Additionally, WLFI plans to support dollar-based stablecoins, reinforcing its mission to maintain the U.S. Dollar’s position in global markets as “the world’s reserve currency.”

WLFI’s Governance Platform will also empower its community through the $WLFI token, allowing holders to participate in decisions that shape protocol upgrades and future directions.

“World Liberty Financial’s partnership with Chainlink marks a huge step forward. Never before have we been more bullish on crypto or the overall future of DeFi technology,” said World Liberty Financial Web3 Ambassador Eric Trump.

Looking ahead, Chainlink’s platform may further support WLFI developments, including proof of reserves for tokenized real-world assets (RWAs).

“We’re excited to partner with WLFI on their data, cross-chain, and all other oracle network needs,” stated Chainlink co-founder Sergey Nazarov.

“The Chainlink standard is already widely used across DeFi and will help WLFI attract users that value the security and reliability that has already helped grow DeFi as an industry,” said Nazarov.

You May Also Like