World Liberty Financial, associated with Donald Trump, is garnering attention with its $336 million investment in cryptocurrencies.
Trump and His Fund in the Crypto World
Backed by the Trump family, World Liberty Financial has quietly composed a significant crypto portfolio. According to on-chain data, the portfolio includes Ethereum (ETH), Wrapped Bitcoin (WBTC), Tron (TRX), Chainlink (LINK), Aave (AAVE), Ethena (ENA), Movement (MOVE), Ondo (ONDO), and Sei (SEI). This mix comprises layer-1 blockchains, DeFi platforms, and liquidity tokens, showcasing a broad investment thesis.
Recent Major Purchases by WLFI
On March 6, WLFI executed a major crypto acquisition, purchasing $21.5 million worth of crypto, including 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 with USDC from a multi-signature wallet, leaving $3.5 million still unspent.
WLFI's Aggregate Crypto Assets
As reported by Arkham Intelligence, as of March 6, WLFI's wallet holds a total of $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 new strategic crypto reserve has stirred discussions, particularly regarding potential conflicts of interest given the significant holdings by his allies.
