Trump Family-Backed WLFI Intensifies Crypto Push with $178.2 Million Investment
World Liberty Financial (WLFI), a crypto project with ties to the Trump family, has made a significant push into digital assets, investing a staggering $178.2 million across six tokens in just three days.
Aggressive Buying Spree
WLFI’s recent acquisitions include Ethereum (ETH), Wrapped Bitcoin (WBTC), TRON (TRX), Aave (AAVE), Chainlink (LINK), and Ethena (ENA). On January 22, the fund spent $9.84 million to purchase 94.94 WBTC, taking advantage of a price drop.
In total, WLFI has acquired 534.1 WBTC for $56.82 million in the last three days, with the token averaging $106,379 per coin. Despite WBTC prices slightly declining since the purchases, the fund appears undeterred, doubling down on its long-term crypto strategy.
Initial Investment and Strategic Purchases
This buying spree builds on WLFI’s initial $120 million investment, announced by Donald Trump Jr. hours after his father’s inauguration on January 20. The initial allocation included:
- $47 million each for Ethereum (ETH) and Wrapped Bitcoin (WBTC)
- $4.7 million distributed among TRX, AAVE, LINK, and ENA
Total Crypto Holdings and Institutional Significance
As of January 23, WLFI’s ongoing acquisitions have brought its total crypto holdings to approximately $365.5 million, cementing its position as a major institutional player in the digital asset space.
Relationship with TRON
WLFI’s relationship with TRON is also noteworthy. In November 2024, TRON’s founder, Justin Sun, announced a $30 million investment in WLFI. Sun emphasized TRON’s commitment to making America great again and leading innovation in the blockchain space.
“The U.S. is becoming the blockchain hub, and Bitcoin owes it to realDonaldTrump! TRON is committed to making America great again and leading innovation.”
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