Trump's World Liberty Financial Invests $112.8 Million, Including $47 Million in ETH and BTC, on Inauguration Day

Jan 20, 2025, 06:05 PM

World Liberty Financial (WLFI), a decentralized finance project linked to former President Donald Trump, has made substantial investments in Ethereum (ETH) and Bitcoin (BTC) following his inauguration as the 47th President of the United States. In a series of transactions, WLFI purchased $47 million worth of both ETH and Wrapped Bitcoin (WBTC), along with additional investments totaling $4.7 million each in Aave, LINK, TRX, and ENA. The total crypto acquisitions by WLFI on inauguration day amounted to approximately $112.8 million. As of now, WLFI holds a total of 56,969 ETH valued at $184 million, which represents 57% of its overall portfolio. The project has also begun staking 4,747 ETH, worth $15.75 million, via Lido Finance. This aggressive investment strategy highlights WLFI's commitment to expanding its presence in the cryptocurrency market.