Outside Source
Trump family-backed WLFI’s recent $9.84 million wBTC purchase raises its total crypto holdings to $365 million.
World Liberty Financial (WLFI), a crypto project tied to the Trump family, has intensified its aggressive push into digital assets.
Over the past three days, the fund has invested a staggering $178.2 million across six tokens, including Ethereum (ETH), Wrapped Bitcoin (wBTC), TRON (TRX), Aave (AAVE), Chainlink (LINK), and Ethena (ENA).
The latest on-chain data shows that on Jan. 22, WLFI spent $9.84 million to purchase 94.94 wBTC, taking advantage of a price drop. This came just a day after the fund poured $2.65 million into 10.81 million TRX.
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.
This buying spree builds on WLFI’s initial $120 million investment, announced by Donald Trump Jr. hours after his father’s inauguration on Jan. 20.
That initial allocation included $47 million each for Ethereum and wBTC, with $4.7 million distributed among TRX, AAVE, LINK, and ENA.
As of Jan. 23, the fund’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.
Adding further intrigue is WLFI’s relationship with TRON. In November 2024, TRON’s founder, Justin Sun, announced a $30 million investment in WLFI.
Sun tweeted: “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.”
This article first appeared at crypto.news
