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Trump-backed WLF invests $70M in cryptocurrencies

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by A1

3 hours ago


World Liberty Financial (WLF), supported by the Trump family, is actively expanding its presence in the crypto world through major investments and strategic partnerships.

WLF’s Expanding Crypto Portfolio

In just three days, WLF invested $70 million into various crypto assets, boosting its total holdings to $325 million. Their latest acquisitions include 55,000 Ethereum (ETH) worth $180 million, as well as assets like TRX, LINK, AAVE, and ENA. They also acquired $18.8 million in Wrapped Bitcoin (WBTC). The investment in Ethena (ENA) tokens for $2.3 million demonstrates their commitment to diversification in the rapidly growing DeFi space.

Partnerships and Market Impact

The collaboration between WLF and TRON DAO has caught public attention. This partnership has strengthened the position of both organizations in the market and opened new opportunities for growth and influence in decentralized finance.

Justin Sun's Role in WLF Strategy

TRON founder Justin Sun increased TRON's investment in WLF by joining as an advisor. His involvement highlights the importance of collaboration among major players in the cryptocurrency market and sets new challenges for WLF in its strategic growth path.

WLF continues to surprise with its ambitious investments and partnerships aimed at reshaping the decentralized finance landscape. The involvement of figures like Justin Sun increases the company's potential to achieve these goals.

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