Donald Trump’s Company Makes a Notable Crypto Investment, Swapping $5M USDC for ETH

Donald Trump’s company, World Liberty Financial, has made a notable crypto investment, according to blockchain data. The firm reportedly swapped $5 million worth of USD Coin (USDC) for Ethereum (ETH), taking its total ETH holdings to an impressive $55 million.

Donald Trump’s company, World Liberty Financial, has made a significant crypto investment, as revealed by blockchain data. The firm swapped $5 million of USD Coin (USDC) for Ethereum (ETH), bringing its total ETH holdings to an impressive $55 million, according to analysis of on-chain transactions.

Beyond Ethereum, World Liberty Financial also added $1 million each of Chainlink (LINK) and Aave (AAVE) tokens to its portfolio, as noted by鏈聞 ChainNews. These high-profile acquisitions by the Trump-backed crypto project highlight its increasing focus on the deeper crypto economy, particularly decentralized finance (DeFi).

A breakdown of the wallet shows that Ethereum forms the vast majority of the portfolio, with 76.61% of its total value now in ETH. This suggests that the team might prefer ETH as a better reserve asset over the U.S. dollar, given the stablecoin holdings. Other notable inclusions, such as Chainlink and Aave, signal a strategic diversification into established DeFi platforms.

AAVE has recently emerged as a standout token, with its market value surging to over $300 for the first time in over three years, following a remarkable rally.

This bold move could also indicate Donald Trump’s growing interest in capitalizing on the booming crypto sector. With Ethereum’s recent price rally and the continued expansion of the DeFi space, the portfolio adjustments suggest a calculated bet on the future of digital assets.

The investment aligns with the broader trend of institutional players and high-net-worth individuals turning to cryptocurrencies as both a hedge against economic uncertainty and a means of exploring innovative financial systems.

Trump’s Crypto Tax Haven: A Boon for US Investors

This buying spree coincides with the Trump team’s initiative to eliminate all capital gains taxes on cryptocurrencies issued by U.S. companies. The move, confirmed by Eric Trump, is part of a broader strategy to solidify American dominance by making crypto tax-free for US investors.

The legislation reportedly mandates that cryptocurrency companies must register as entities in the United States before issuing their assets. However, companies currently holding crypto assets will be given an opportunity to relocate their operations to the US.

Sources indicate that the initiative is part of a larger Trump administration goal to establish the United States as the global leader in cryptocurrency innovation. By encouraging the creation and trading of “Made in America” digital currencies, the administration aims to position the U.S. as the crypto capital of the world.