Trump's WLF Expands Crypto Treasury with $112M Acquisition on Inauguration Day

January 21, 2025 05:30 AM IST | By Team Kalkine Media
 Trump's WLF Expands Crypto Treasury with $112M Acquisition on Inauguration Day
Image source: shutterstock

Highlights

  • World Liberty Financial (WLF) acquired over $112M in cryptocurrencies, marking a significant move on Trump’s first day in office.
  • Ether (ETH) and Wrapped Bitcoin (WBTC) were the major assets, alongside other tokens like AAVE and LINK.
  • The acquisition bolstered WLF’s portfolio, pushing Ether holdings to over 50% of the project’s treasury.

World Liberty Financial (WLF), a decentralized finance (DeFi) project linked to U.S. President Donald Trump and his family, made a major splash in the cryptocurrency market on January 21, 2025, the first day of Trump’s presidency. The project marked the occasion by purchasing over $112 million worth of various cryptocurrencies, signaling its ambition to secure a dominant position within the evolving digital asset space.

Among the tokens acquired were significant quantities of Ether (ETH) and Wrapped Bitcoin (WBTC). The purchase of $47 million worth of Ether and another $47 million in Wrapped Bitcoin highlighted the project’s strategy to solidify its holdings in established digital assets. Alongside these, World Liberty also acquired $4.7 million worth each of AAVE, LINK, TRX, and ENA, diversifying its portfolio across various promising tokens.

Strengthening Ether Holdings and Portfolio Composition

Following the acquisition, World Liberty Financial's Ether (ETH) holdings grew to 57,115 ETH, valued at approximately $185 million at the time. Ether now makes up more than 50% of WLF’s total treasury, reflecting the project’s confidence in the long-term potential of Ethereum’s blockchain.

In addition to Ether and Wrapped Bitcoin, the treasury now includes substantial holdings in USDC, AAVE, LINK, ENA, and TRX. Specifically, the project’s treasury composition as of the acquisition is as follows:

  • 54 million USDC ($54 million)
  • 7 WBTC ($46.5 million)
  • 4,747 STETH ($15.3 million)
  • 19,399 AAVE ($6.6 million)
  • 256,315 LINK ($6.2 million)
  • 8 million ENA ($4.8 million)
  • 3 million TRX ($4.6 million)

This strategic accumulation of digital assets positions World Liberty Financial as a key player in the DeFi space, with a strong emphasis on Ether as the backbone of its portfolio.

Project Growth and Strategic Partnerships

The acquisition came on the heels of World Liberty Financial’s successful sale of 20% of its 100 billion WLFI tokens. Since October 2024, the project has raised $300 million, and it continues to grow with the recent launch of a sale for an additional 5% of its tokens. The sale has attracted high-profile investors, including Tron Founder Justin Sun, who contributed $45 million to the WLFI project.

World Liberty’s aggressive moves in the crypto space reflect a broader strategy to strengthen its financial position and expand its presence in decentralized finance, leveraging high-profile collaborations and token purchases to secure its future growth.

World Liberty Financial's strategic acquisition of over $112 million in digital assets on the first day of Donald Trump’s presidency underscores the project's commitment to expanding its presence in the cryptocurrency market. With a heavy focus on Ether and Wrapped Bitcoin, along with key investments in other tokens, the acquisition solidifies World Liberty’s position in the DeFi landscape. As the project continues to raise capital and secure strategic partnerships, it is poised for further growth in the rapidly evolving digital asset ecosystem.


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