World Liberty Fi Invests in BUILDon Meme Token

World Liberty Fi, managed by the fund associated with former President Trump, has made a surprising investment in BUILDon (B), a new meme token on the Binance Smart Chain. The fund is backing the project’s efforts to promote USD1, its native stablecoin, as the project seeks wider adoption for the stablecoin. 20% of the B tokens are controlled by a cluster of wallets connected to World Liberty Fi, leading some to question whether the involvement could be an insider arrangement. While the investment is small (about $142,000), it has sparked speculation about a potential cabal behind the project.