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.
You may also like
After experiencing Muse, I cleared out my Airbnb holdings
A senior analyst heavily invested in Airbnb decided to sell all his Airbnb holdings just 10 days after experiencing Meta AI's Muse app. He believes that Muse not only understands his preferences but also helps him bypass Airbnb to book accommodations directly, at 60% lower prices. As AI agents begin to compare prices, cancel, and rebook on your behalf, the "traffic moat" that internet platforms depend on is under threat, and the era of "proactive e-commerce" may be dawning.
Goldman Sachs: AI Must Endure Hardship Before Rewards
Euro weakens below 1.1350 on higher US Treasury yields, Lagarde's dovish tilt
What does Trump's "AI self-regulation" mean? Jensen Huang achieves a major victory, leads the charge questioning Anthropic's Amodei behind the scenes
Trump promotes AI "self-regulation," which appears to enhance safety but actually paves the way for the expansion of computing power: requirements for testing, auditing, and monitoring as part of "security compliance" will generate new demands for inference and optical interconnects, making Nvidia potentially the biggest winner. Jensen Huang even joined forces with Zuckerberg to oppose strict regulation, and directly questioned Anthropic's Amodei about his excessive public statements regarding AI risks.
Crypto prices
More
