Trump-Backed World Liberty Financial Fuels LINK Rally to 2021 Highs with Fresh Investment

Chainlink’s LINK token climbed to nearly $30 during Friday’s Asian trading session, hitting price levels not seen since 2021. Open interest (OI) on LINK futures surged past $860 million, setting a new record as investors poured capital into the market, signaling heightened confidence in the token’s trajectory.

World Liberty Financial (WLF), a crypto-focused platform supported by Donald Trump and his family, made its second major LINK purchase in as many days on Thursday. The platform acquired an additional $1 million worth of LINK tokens, bringing its total holdings to $2 million. WLF also increased its position in Aave (AAVE) by $246,000, boosting its AAVE investments to $1.2 million.

As a result, LINK has risen to become the fourth-largest asset in WLF’s portfolio, behind bitcoin (BTC), ether (ETH), and tether (USDT).

WLF utilizes Chainlink’s oracle technology to enhance its blockchain services, including lending, borrowing, and liquidity pooling. Chainlink’s decentralized infrastructure supplies real-time pricing data and enables interoperability across blockchain networks, playing a vital role in WLF’s operations.

The strategic investments by WLF have drawn significant market attention, driving LINK’s value up by 22% over the past week and more than 130% since WLF began accumulating the token. This surge underscores the growing utility of Chainlink’s oracle services and the market’s positive response to WLF’s backing.

Rising open interest (OI) on LINK futures further bolsters the bullish outlook. Higher OI, which represents active, unsettled futures contracts, typically reflects growing market confidence and investor expectations of sustained price growth. As LINK continues its upward momentum, the market signals remain firmly optimistic about its future performance.