World Liberty Financial buys $112.8 million in crypto on Trump's first day in office
Quick Take World Liberty Financial purchased $47 million worth of ether and $47 million worth of wrapped bitcoin on Trump’s first day in office. The project also bought Aave, LINK, TRX and ENA.
World Liberty Financial, the DeFi project associated with U.S. President Donald Trump, acquired roughly $112.8 million worth of cryptocurrencies on Trump's first day in office.
On Monday, the crypto project supported by Trump’s family further diversified its treasury holdings by purchasing six kinds of tokens, including $47 million worth of ether and $47 million worth of wrapped bitcoin, according to its X post .
World Liberty also acquired $4.7 million each in Aave, LINK, TRX and ENA. The project said the purchase was made to “commemorate the inauguration” of Trump, who became the 47th U.S. President on Monday.
With the latest purchase, World Liberty increased its ether holdings to 57,115 ETH, valued at approximately $185.14 million based on current market prices, according to Arkham Intelligence data . This accounts for over half of its portfolio's value.
The project also currently holds 54 million USDC ($54 million), 456.7 WBTC ($46.5 million), 4,747 STETH ($15.3 million), 19,399 AAVE ($6.6 million), 256,315 LINK ($6.2 million), 5.8 million ENA ($4.8 million) and 19.3 million TRX ($4.6 million).
The token acquisition came after World Liberty completed selling 20% of its 100 billion WLFI token supply late Sunday, with the project subsequently opening up the sale of an additional 5 billion tokens, or 5% of the supply. Through these pre-sales, World Liberty has garnered $300 million since October 2024, according to Dune Analytics data .
Notably, Tron Founder Justin Sun said in an X post on Sunday that Tron DAO has invested an additional $45 million in WLFI, bringing the total investment to $75 million. Sun became an advisor to World Liberty Financial in November after his project poured a $30 million investment into WLFI.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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