The Trump family, through World Liberty Financial (WLFI), has made significant investments in cryptocurrency, purchasing $47 million in Wrapped Bitcoin (WBTC) and Ethereum (ETH).
Acquisition by World Liberty Financial
On January 20, 2025, World Liberty Financial, connected to the Trump family, acquired assets worth $47 million each in WBTC and ETH. These transactions form part of their strategic plan for cryptocurrency investments.
Impact on Cryptocurrency Market
WLFI's purchases may affect market liquidity and investor perceptions. Analysts point out that such large acquisitions could alter price dynamics for cryptocurrencies, particularly for WBTC and ETH.
Comparison with MicroStrategy Strategies
WLFI's purchases can be compared to MicroStrategy's strategies, which also use Bitcoin as a means to form their corporate balance. Such economic actions indicate that large corporations are increasingly entering crypto investments.
The Trump family's interest in cryptocurrencies and active purchases through WLFI underscore the growing presence of institutional investors in the market. These changes may lead to significant market consequences.