WEB3
by BSCN
January 21, 2025
The project acquired a total of $112.8 million worth of digital assets, including $47 million in Ether (ETH) and $47 million in Wrapped Bitcoin (WBTC).
World Liberty Financial (WLFI), a decentralized finance (DeFi) platform linked to U.S. President Donald Trump and his family, made significant crypto purchases on his first day in office. The acquisitions, ranging from $4.7 million to $47 million, reflect the project's strategic expansion and confidence in major digital assets like Ethereum, Bitcoin, and others.
To commemorate the inauguration of Donald J. Trump as the 47th President of the United States, $WLFI is proud to announce the following strategic purchases today:
— WLFI (@worldlibertyfi) January 20, 2025
$47,000,000 ETH
$47,000,000 wBTC
$4,700,000 Aave
$4,700,000 LINK
$4,700,000 TRX
$4,700,000 ENA
Excited for the…
World Liberty Financial purchased approximately $112.8 million worth of cryptocurrencies on January 20, 2025, marking President Trump’s inauguration.
According to posts on the platform's X (formerly Twitter) account, the DeFi project added six different tokens to its treasury, with the most notable acquisitions being $47 million worth of Ether (ETH) and Wrapped Bitcoin (WBTC).
Additionally, the project added $4.7 million each in Aave (AAVE), Chainlink (LINK), TRON (TRX), and ENA tokens. These purchases are seen as a strategic diversification of World Liberty’s holdings, positioning the project to take advantage of emerging trends in the crypto market.
The most significant purchase from the latest acquisitions is Ethereum (ETH). With the new purchases, World Liberty Financial now holds 58,433 ETH, valued at approximately $188 million. This amount represents more than half of the platform’s total crypto portfolio, which has now grown to $333.5 million, per Arkham Intelligence data.
Amid the recent acquisitions, WLFI completed the sale of 20% of its token supply, totaling $254 million raised since October 2024. The project plans to sell an additional 5 billion WLFI tokens, representing 5% of its total supply, to continue its momentum in 2025.
In addition to World Liberty Financial’s purchases, TRON DAO has increased its stake in the project. The organization, led by Justin Sun, invested an additional $45 million, acquiring 1 billion WLFI tokens. This brought its total holdings to approximately $75 million.
Disclaimer
Disclaimer: The views expressed in this article do not necessarily represent the views of BSCN. The information provided in this article is for educational and entertainment purposes only and should not be construed as investment advice, or advice of any kind. BSCN assumes no responsibility for any investment decisions made based on the information provided in this article. If you believe that the article should be amended, please reach out to the BSCN team by emailing [email protected].
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