Trump-Linked DeFi Project World Liberty Financial Invests $100 Billion in Cryptocurrencies
World Liberty Financial (WLFI), a decentralized finance project tied to President Donald Trump, has made a significant investment in a basket of cryptocurrencies, with a total value of $100 billion, shortly before the inauguration.
Cryptocurrency Portfolio Includes Major Players
The Trump-linked DeFi platform has accumulated substantial amounts of major cryptocurrencies via WLFI. According to available data, WLFI’s on-chain address acquired approximately $47 million worth of Ethereum, $4.4 million in Aave coins, and $4.5 million of Justin Sun’s Tron.
Additional investments include $47 million in Wrapped Bitcoin (WBTC), $5.5 million in Chainlink, and $4.5 million in Ethena Labs tokens.
Trump Family’s Role in World Liberty Financial
President Trump’s sons, Eric Trump and Donald Trump Jr., are listed as “Web3 Ambassadors” on WLFI’s official website. Meanwhile, President Trump himself is described as the project’s “Chief Crypto Advocate.” Barron Trump, the youngest Trump son, also features under the title of “DeFi Visionary.”
The WLFI team also includes DeFi veterans like Chase Herro and Zachary Folkman, who were previously part of Dough Finance, which was exploited for $2 million in cryptocurrencies last July.
WLFI Token Sales Gain Momentum
The investments into digital assets noted on January 20 coincided with WLFI token sales gaining momentum in the days leading up to Trump’s inauguration in Washington. According to the platform’s website, WLFI has sold 85% of its 25 billion token supplyβabout 21.7 billion tokens worth over $1 billionβfollowing a slow start in October last year.
Some key points to note about WLFI’s investments and token sales:
- WLFI has invested $100 billion in a basket of cryptocurrencies.
- The platform’s on-chain address acquired significant amounts of major cryptocurrencies, including Ethereum, Aave, and Tron.
- WLFI token sales have gained momentum, with 85% of the 25 billion token supply sold.
- The Trump family is heavily involved in the project, with President Trump as the “Chief Crypto Advocate” and his sons as “Web3 Ambassadors.”
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