A cryptocurrency address associated with the World Liberty project, linked to the Trump family, spent $100,000 to acquire 541,242 SEI tokens via Cow Protocol. These tokens were then transferred to the main address of the World Liberty Foundation.
World Liberty's Investment in SEI
On-chain data revealed that a World Liberty-linked address spent $100,000 to purchase 541,242 SEI tokens via Cow Protocol. The tokens were transferred to the main World Liberty Foundation address.
Trump's Shift in Digital Currency Stance
The Trump family's involvement with cryptocurrencies marks a significant shift from Donald Trump's previous stance. In 2021, he labeled Bitcoin a 'fraud', yet later during a Bitcoin conference in Nashville in July 2024, he branded the U.S. as the 'crypto capital of the planet.' His proposed policies include reducing regulatory restrictions and advocating government cryptocurrency accumulation.
World Liberty Token Sales
Following the Nashville conference, Trump and his sons founded World Liberty, positioning the company as a significant name in the digital asset space. Despite initially lackluster sales, World Liberty saw a significant boost in token sales following Trump's presidential victory. According to Dune Analytics, the company has sold $300 million worth of tokens, though investors currently face restrictions on reselling and profit claiming.
World Liberty's investments indicate continued interest in cryptocurrencies, despite initial skepticism. How the market will respond to new policies remains to be seen.
