Tue, January 21

World Liberty Financial Purchases Additional $112.8M Worth of Crypto

World Liberty Financial Purchases Additional $112.8M Worth of Crypto Market News
  • World Liberty Financial invests an additional $112.8 million crypto. 
  • The Trump family’s crypto project WLFI bought Ether, WBTC, TRX, ENA, LINK, and Aave. 

The much-awaited day of Trump’s inauguration finally took place yesterday. Trump made some big announcements as part of “America’s First Priorities” among which crypto couldn’t grab a place. Even though the crypto community got disappointed a bit, it remained hopeful as industry leaders confirmed that crypto will be included in the first 200 executive orders. 

Meanwhile, Trump family’s crypto project World Liberty Financial made an additional investment of $112.8 million in multiple cryptocurrencies. The official World Liberty Financial account announced the investment as part of Donald J. Trump’s inauguration as the 47th President of the US celebrations. 

As per the announcement, WLFI made strategic purchases of Ether, Wrapped Bitcoin, Aave, Chainlink, Tron, and Ethena cryptocurrencies. While the total investment is worth $112.8 million, Ether and wBTC purchases are worth $47 million each. Aave, LINK, TRX, and ENA investments are worth $4.7 million each. 

Renowned on-chain analytics platform Lookonchain also confirmed the investment earlier today. Thus, World Liberty Financial bought 439 wBTC, 14,021 ETH, 19.3 million TRX, 5.04 million ENA, 177,928 LINK, and 13,261 AAVE tokens. As a result, WLFI Ether holdings increased to 57,115 ETH, which accounts for more than half of the WLFI portfolio. 

World Liberty Financial Completed 20% Token Supply Sale 

On another note, the Trump family’s crypto project World Liberty Financial completed a 20% token supply sale. To serve the massive demand and interest among investors, the project opened an additional block of 5% token supply today. 

The $112.8 million crypto purchase on Trump’s first day came as WLFI completed a 20% token supply sale. So far, World Liberty Financial holds a total of 54 million USDC, 456.7 wBTC, 4,747 stETH, 19,399 AAVE, 256,315 LINK, 5.8 million ENA, and 19.3 million TRX. While all the other cryptocurrencies have already entered the WLFI portfolio, TRX is the new crypto to add to the list. 

Amidst Trump inauguration as the 47th President of the US, Tron founder Justin Sun announced another $45 million investment into WLFI. With this, the total Tron investment into WLFI increased to $75 million. 

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