Donald Trump’s World Liberty Financial Invests $21.5 Million in Ethereum, Wrapped Bitcoin, and Movement Network Tokens

World Liberty Financial, a fund associated with Donald Trump, has made a significant investment in the cryptocurrency market, acquiring $21.5 million worth of Ethereum, Wrapped Bitcoin, and Movement Network tokens.

According to recent data, the transactions were executed using USDC from a newly created multi-signature wallet, with $3.5 million still remaining in the wallet. The fund acquired 4,468 Ethereum for $10 million at an average price of $2,238, 110.6 Wrapped Bitcoin for $10 million at $90,420 per coin, and 3.42 million Movement tokens for $1.5 million at $0.439 each.

WLFI’s Digital Asset Holdings

Arkham Intelligence data shows that World Liberty Financial now holds over $78.5 million in digital assets. Its largest positions include:

  • 7,091 ETH valued at $16.16 million
  • 162.69 WBTC worth $14.87 million
  • 12.88 million Tether
  • 4,972 staked ETH amounting to $11.32 million
  • 40.71 million Tron valued at $9.96 million

The fund also holds smaller amounts of USD Coin, Ondo, and WhiteRock, in addition to other digital assets.

Trump’s Strategic Crypto Reserve Plan

The fund’s latest acquisitions come as Trump’s administration moves forward with plans to establish a U.S. strategic crypto reserve. On Mar. 2, Trump directed the President’s Working Group on Digital Asset Markets to create a reserve comprising key cryptocurrencies.

While initial reports highlighted assets like Ripple, Solana, and Cardano, Trump later clarified that Bitcoin and Ethereum would be central to the initiative.

Controversy Surrounding the Reserve

The move has sparked controversy, with some claiming that the reserve may increase the value of assets owned by Trump and his associates. According to reports, Trump and his cronies own more than 60% of WLFI, which raises questions regarding a potential conflict of interest.

However, The Trump Organization claims that the president has distanced himself from commercial activities and has denied any misconduct. His children, a separate ethics attorney, and an outside investment firm currently supervise WLFI’s management.

Despite these assurances, watchdog groups remain skeptical, pointing to past instances where Trump’s business and political interests appeared intertwined.

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