By crypto.news | Created at 2025-01-23 04:46:11 | Updated at 2025-01-23 09:53:22
5 hours ago
Trump family-backed WLFI’s recent $9.84 million wBTC purchase raises its total crypto holdings to $365 million.
World Liberty Financial (WLFI), a crypto project tied to the Trump family, has intensified its aggressive push into digital assets.
Over the past three days, the fund has invested a staggering $178.2 million across six tokens, including Ethereum (ETH), Wrapped Bitcoin (wBTC), TRON (TRX), Aave (AAVE), Chainlink (LINK), and Ethena (ENA).
The latest on-chain data shows that on Jan. 22, WLFI spent $9.84 million to purchase 94.94 wBTC, taking advantage of a price drop. This came just a day after the fund poured $2.65 million into 10.81 million TRX.
In total, WLFI has acquired 534.1 wBTC for $56.82 million in the last three days, with the token averaging $106,379 per coin. Despite wBTC prices slightly declining since the purchases, the fund appears undeterred, doubling down on its long-term crypto strategy.
This buying spree builds on WLFI’s initial $120 million investment, announced by Donald Trump Jr. hours after his father’s inauguration on Jan. 20.
To commemorate the inauguration of Donald J. Trump as the 47th President of the United States, $WLFI is proud to announce the following strategic purchases today:
$47,000,000 ETH
$47,000,000 wBTC
$4,700,000 Aave
$4,700,000 LINK
$4,700,000 TRX
$4,700,000 ENA
Excited for the…
That initial allocation included $47 million each for Ethereum and wBTC, with $4.7 million distributed among TRX, AAVE, LINK, and ENA.
As of Jan. 23, the fund’s ongoing acquisitions have brought its total crypto holdings to approximately $365.5 million, cementing its position as a major institutional player in the digital asset space.
Adding further intrigue is WLFI’s relationship with TRON. In November 2024, TRON’s founder, Justin Sun, announced a $30 million investment in WLFI.
Sun tweeted: “The U.S. is becoming the blockchain hub, and Bitcoin owes it to realDonaldTrump! TRON is committed to making America great again and leading innovation.”
