Following Donald Trump’s inauguration as the 47th president of the United States, his company, World Liberty Financial, has dramatically increased its exposure to Ethereum (ETH) in just the past 24 hours. Ethereum co-founder Joseph Lubin reacted to this move, stating that the Trump family plans to build one or more large-scale businesses on the Ethereum blockchain. Lubin said that Ethereum, as the largest and most capable decentralized protocol, will play a crucial role in the future of the United States’ tech landscape.

“Based on what I am aware of, the Trump family will build one or more giant businesses on Ethereum. And they will also do things on and for other chains like Bitcoin and Solana,” he wrote.

Lubin went on to explain that World Liberty Financial is fully aligned with Ethereum’s vision, and the Trump administration may look for ways to incorporate Ethereum’s technology into government activities, much like how the internet and web protocols are used today. According to Lubin, the U.S. can benefit from supporting Ethereum’s ecosystem to drive innovation and economic growth.

In a tweet celebrating the inauguration, Donald Trump Jr. revealed that World Liberty Financial made major crypto purchases, including $47 million worth of Ethereum (ETH), wrapped Bitcoin (wBTC), AAVE, Chainlink (LINK), TRON, and ENA. These purchases reflect the Trump family’s strategic focus on solid blockchain projects that solve real-world problems, contrasting sharply with the retail frenzy around meme coins.

This latest development is seen as a bullish sign for Ethereum’s future, as prominent figures like Trump’s family continue to show their confidence in the technology.

Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0

PRC Comment Policy

Your comments MUST BE constructive with vivid and clear suggestion relating to the post.

Your comments MUST NOT be less than 5 words.

Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.

Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.

Constructive REPLY to comments is allowed