Trump-Backed World Liberty Financial Invests Over $26 Million in Ethereum, Plans TRX Acquisition

Jan 19, 2025, 02:28 PM

World Liberty Financial, a cryptocurrency project backed by the family of U.S. President-elect Donald Trump, has made significant investments in Ethereum (ETH). The project recently purchased over $26 million worth of ETH in a series of transactions, with the latest acquisition amounting to $6 million. This move follows earlier purchases of $5 million and $20 million in ETH. World Liberty Financial, which has raised $90 million through the sale of its WLFI token, is also planning to acquire tron (TRX) tokens for its treasury. The project's founder, Justin Sun, is a major investor in WLFI, having previously invested $30 million. World Liberty Financial aims to offer crypto-financial services to the masses, with Trump serving as its 'chief crypto advocate.'