Donald Trump's Crypto Venture Makes a Considerable Purchase of SEI Tokens

The U.S. President Donald Trump’s prominent crypto venture named World LibertyFi has made a considerable purchase of $SEI tokens.

U.S. President Donald Trump’s crypto venture, World LibertyFi, has made a significant purchase of $SEI tokens, spending $775,000 in $USDC to buy SEI tokens, according to Arkham.

The blockchain intelligence platform noted that the Donald Trump project has spent $775,000 in USDC tokens to buy SEI tokens.

ARKHAM ALERT: DONALD TRUMP’S PROJECT JUST BOUGHT $775K SEI

Donald Trump's project World Liberty Fi just purchased $775K SEI with USDC.

What will they buy next? 🍀

The project has invested in 11 different coins so far. However, every single coin bought by World Liberty Fi is in loss. Today's buying signals that the project is buying the dip to lower its average buying price. pic.twitter.com/V65kyt7miB

— Arkham Scan (@ArkhamScan) December 8, 2023

The project has already invested in 11 different coins, but every single coin bought by World LibertyFi is in loss. Today’s buying signals that the project is buying the dip to lower its average buying price.

World LibertyFi Venture of Donald Trump Purchases SEI for $775K

The purchase of SEI by World Liberty Fi is a noteworthy development that has sparked interest among members of the crypto community. This purchase involved the spending of up to $775,000 in the form of USDC tokens, which were subsequently used to buy SEI tokens. The USDC tokens were reportedly transferred to the settlement contract of CoW Protocol, and the subsequent transfer resulted in the return of approximately 4.894M SEI tokens. These transactions were noted and reported through block explorers, highlighting a rise in activity as well as strategic financial moves being carried out by the venture.

According to Arkham, the development of the notable SEI purchase by World Liberty Finance reportedly sparks questions concerning its future strategy. However, it is not clear whether this move constitutes a strategic accumulation ahead of a broader partnership or simply a development initiative. Over the past few days, the crypto venture has acquired various assets, including PAXG, USDT, and wrapped BTC alternatives, showcasing World LibertyFi’s diversified digital asset plan.