News - Trump's World Liberty Financial chooses Chainlink

By Ted Maas

Trump's World Liberty Financial chooses Chainlink

The Oracle service will now provide the Trump family's DeFi project with key data and will ensure interoperability with other blockchains.

World Liberty Financial (WLFI) wants to leverage Chainlink's services to better integrate into the broader crypto ecosystem, the Trump family's DeFi project announced in a press release. Chainlink will support the WLFI platform by providing key pricing data and ensuring interoperability between different blockchains.

"Chainlink will help to secure WLFI's credit markets and then provide important cross-chain connectivity and many other features of the Oracle network," according to a tweet from the Oracle provider.

This September, members of the Trump family, including Donald Trump himself, announced the launch of the DeFi project. WLFI aims to promote the acceptance of stablecoins and expand access to decentralized financial services. However, subsequent token sales proved a setback, forcing WLFI to adjust its revenue goals.

Incoming U.S. President Donald Trump holds the title of "Chief Crypto Advocate" for the platform. Two of his sons, Eric Trump and Donald Trump Jr. have been appointed as "Web3 Ambassadors," while his other son Barron Trump holds the role of "DeFi visionary."

The project is currently set up for Ethereum and is intended as a front-end integration for the DeFi giant Aave. However, the collaboration with Chainlink suggests that expansion to other blockchains could be possible.

"World Liberty Financial's partnership with Chainlink is a huge step forward," Eric Trump said in a statement. "We have never been more optimistic about crypto and the future of DeFi technology."

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