World Liberty Finance (WLFI), owned by the Trump family, has successfully recovered its assets after significant losses in April 2023.
Information about World Liberty Finance
World Liberty Finance (WLFI) is a cryptocurrency project that, since its launch in December 2023, has acquired a total of $352 million in assets. The majority of its investments are concentrated in Ethereum (ETH).
WLFI Portfolio Status and Investment Strategy
Following a sharp decline in ETH price below $1,500 in April, WLFI suffered significant losses of $157 million. However, after transferring most assets to the Coinbase Prime platform, the project has managed to recover. It is anticipated that if WLFI management does not sell its positions, the portfolio will return to its value at current market prices.
Current WLFI Assets and Future Plans
WLFI purchased 1,531 ETH for $5 million USDC at a purchase price of $3,265. Currently, WLFI's portfolio includes significant assets such as AETHUSDT worth $85.22 million and other altcoins, including AETHWETH and Wrapped TRON. The opening of trading for the WLFI token is also planned in the near future.
Thus, World Liberty Finance demonstrates resilience and the ability to recover its investments despite unfavorable market conditions.
