World Liberty Financial (WLFI), a project linked to the Trump family, has made a significant investment in cryptocurrencies, emphasizing its commitment to decentralized finance.
WLFI's Investment Strategy
According to Arkham Intelligence, WLFI is actively expanding its digital portfolio. Its latest purchase includes 1,911 ETH for $8.6 million and 84.5 WBTC worth $10 million. Thus, WLFI aims to ensure liquidity and stability in its digital asset investments.
Purchase of Ethereum and WBTC
World Liberty Financial confirmed its strategy by spending around $18.6 million in USDC to acquire ETH and WBTC. Considering the current price of ETH at $4,500 and WBTC at $118,343, the project demonstrates confidence in the cryptocurrency market.
Future Plans of the Project
Currently, WLFI holds 73,616 Ether coins, worth about $275.9 million, constituting 65.6% of its overall crypto portfolio. With $5 million in USDC, the project may consider further purchases of Ethereum using this stablecoin.
The investments of World Liberty Financial in Ethereum and Wrapped Bitcoin underscore its growing confidence in decentralized finance and the opportunities in the cryptocurrency market.
