Trump’s World Liberty Fi just bought these 2 cryptos

World Liberty Financial (WLFI), a decentralized finance platform reportedly backed by Donald Trump and his family, has captured attention with a series of high-profile cryptocurrency purchases. 

Just hours before Trump’s inauguration, WLFI made headlines for acquiring over $109 million in digital assets across six cryptocurrencies in a single day. 

Among the standout transactions was the purchase of 177.26 Wrapped Bitcoin (WBTC), worth approximately $18.8 million. WBTC, a Bitcoin derivative token designed to operate natively on the Ethereum (ETH) blockchain, has become increasingly popular for bridging Bitcoin’s liquidity into decentralized finance ecosystems. 

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The buying spree coincides with Trump’s broader initiative to establish a national digital asset stockpile, reflecting his administration’s commitment to bolstering the U.S.’s position in blockchain technology. 

As of January 2024 WLFI has continued to make aggressive moves in the market, including the acquisition of 3,079 ETH for approximately $10 million and 10.61 million TRX (TRON), valued at $2.65 million according to data retrieved by Finbold from Arkham Intelligence.

World Liberty Financial’s total crypto holdings

World Liberty Financial’s cryptocurrency holdings have surged to over $380 million, making it a significant player in the decentralized finance space.

Ethereum and its derivatives remain the cornerstone of WLFI’s strategy, with 55,802 ETHand 14,702 staked ETH (STETH) collectively valued at nearly $240 million. 

Wrapped Bitcoin’s inclusion further demonstrates WLFI’s focus on leveraging Ethereum’s ecosystem for Bitcoin’s liquidity. This strategic alignment is echoed by WLFI’s increasing interest in TRON, a blockchain designed for high-throughput decentralized applications, signaling potential integration into scalable infrastructure for payments or dApps.

With Trump backing initiatives to strengthen blockchain adoption in the U.S., WLFI’s activity is likely to be part of a broader strategy to align with national objectives.

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