On the first day of Donald Trump’s presidency, World Liberty Financial (WLF), a decentralized finance (DeFi) initiative linked to the U.S. President and his family, made a significant investment in the cryptocurrency market. The project added an impressive $112.8 million worth of digital assets to its portfolio, signaling a major expansion of its treasury.
Among the acquisitions were $47 million in Ether (ETH) and $47 million in Wrapped Bitcoin (WBTC). These investments were part of a broader strategy to diversify the project’s holdings and strengthen its position in the crypto sector.
In addition to ETH and WBTC, WLF’s purchases also included $4.7 million in AAVE, LINK, TRX, and ENA tokens. These transactions boosted the project’s Ether holdings to 57,115 ETH, valued at $185.14 million—making up over 50% of the total portfolio.
The current composition of World Liberty Financial’s treasury includes 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).
This acquisition marks the latest milestone for WLF, following the sale of 20% of its 100 billion WLFI tokens and a successful fundraising effort that has raised $300 million since October 2024. Additionally, the project has launched the sale of another 5% of its tokens, with prominent figures such as Tron Founder Justin Sun investing $45 million into the initiative.
These strategic moves highlight World Liberty Financial’s growing influence in the DeFi space as it continues to expand its crypto assets and forge partnerships with key figures in the industry.
Related topics:
Saif Ali Khan Sparked as the Latest Memecoin in Crypto Following Recent Attack
