Donald Trump's World Liberty Financial fund has made significant investments in cryptocurrencies. Let's dive into WLFI's portfolio and its impact on the market.
Trump's Crypto Fund: A $336 Million Bet
WLFI, backed by the Trump family, has built a diversified crypto portfolio. According to data, the fund holds: Ethereum (ETH), Wrapped Bitcoin (WBTC), Tron (TRX), Chainlink (LINK), Aave (AAVE), Ethena (ENA), Movement (MOVE), Ondo (ONDO), Sei (SEI). This strategic mix includes layer-1 blockchains, DeFi platforms, and liquidity tokens, highlighting a broad investment thesis.
A New $21.5 Million Crypto Purchase
On March 6, WLFI executed a major crypto buy worth $21.5 million, acquiring 4,468 ETH for $10 million, 110.6 WBTC for $10 million, and 3.42 million MOVE tokens for $1.5 million. These purchases were made using USDC from a multi-signature wallet, with $3.5 million still unspent.
WLFI's Current Holdings
As of March 6, data from Arkham Intelligence shows WLFI's total holdings at $80.14 million, with significant positions in 7,091 ETH valued at $16.31 million, 162.69 WBTC worth $14.96 million, 13.2 million Tether (USDT), 4,972 staked ETH amounting to $11.4 million, 40.71 million TRX valued at $10 million, and 7.58 million MOVE valued at $3.63 million.
Trump's crypto reserve initiative has sparked controversy, with critics suggesting it could artificially inflate the value of assets held by Trump's allies. However, The Trump Organization denies any misconduct, stating that WLFI is managed by his children, an external ethics attorney, and an independent investment firm.
