January 22, 2025
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WLFI invested nearly $113 million in altcoins in honor of Donald Trump’s inauguration

World Liberty Financial (WLFI), a DeFi project associated with US President Donald Trump, bought $112.8 million worth of cryptocurrency on his first day in office. 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 […]”, β€” write: businessua.com.ua

WLFI invests almost $113 million in altcoins in honor of Donald Trump's inauguration - INFBusiness

World Liberty Financial (WLFI), a DeFi project associated with US President Donald Trump, bought $112.8 million worth of cryptocurrency on his first day in office.

Purchase included:

  • Ethereum (ETH) β€” $47 million;
  • “wrapped” bitcoin WBTC β€” $47 million;
  • Aave (AAVE) β€” $4.7 million;
  • Chainlink (LINK) β€” $4.7 million;
  • Tron (TRX) β€” $4.7 million;
  • Athena (ENA) β€” $4.7 million.

The company explained the amount of investment by marking the inauguration of Trump, who became the 47th president of the country.

On January 20, World Liberty completed the sale of 20% of the total WLFI token issue of 100 billion coins. According to Dune, the ransom was $300 million.

Citing high demand from investors, the project announced an offer of an additional 5% of the WLFI issue.

According to Arkham Intelligence, World Liberty’s cryptocurrency portfolio is valued at ~$341.2 million. More than half the amount is accounted for by 58,646 ETH worth $192.32 million at the time of writing.

WLFI invested almost $113 million in altcoins in honor of the inauguration of Donald Trump - INFBusiness

Source: Arkham Intelligence.

In September 2024, Trump’s sons presented the DeFi project and announced the upcoming WLFI token sale. At the end of the month, World Liberty opened verification on the official website. Fundraising started in mid-October.

We will remind you that the organization DT Marks DEFI, which is related to the current president of the USA, claims 75% of the crypto company’s net income.

The source

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