World Liberty Financial, the DeFi project linked to former and current U.S. President Donald Trump, has purchased $21.5 million worth of cryptocurrency.
Donald Trump's investment fund, World Liberty Financial, has reportedly purchased a total of $21.5 million worth of cryptocurrency.
According to on-chain analytics platform Spot On Chain, the fund bought Ethereum, Wrapped Bitcoin, and Movement Network tokens using USDC from a newly created multi-signature wallet on March 5.
The transactions are visible on-chain. As depicted in the image above, the fund's multi-sig wallet received 25 million USDC from another wallet. Subsequently, the fund used these USDC to acquire 4,468 Ethereum at an average price of $2,238.
The fund also purchased 110.6 Wrapped Bitcoin for $10 million, paying about $90,420 per Bitcoin. Additionally, WLF bought 3.42 million Movement tokens for $1.5 million at $0.439 each.
After these purchases, the fund has approximately $3.5 million USDC remaining in the multi-sig wallet, hinting at more potential buys in the near future.
According to Arkham Intelligence data, World Liberty Financial now holds over $78.5 million in digital assets. Its largest positions include 7,091 ETH valued at $16.16 million and 162.69 WBTC worth $14.87 million.
The fund also holds 12.88 million Tether, 4,972 staked ETH amounting to $11.32 million, and 40.71 million Tron valued at $9.96 million. Smaller holdings include USD Coin, Ondo, WhiteRock, and other digital assets.
These latest acquisitions come as Trump’s administration moves forward with plans for a U.S. strategic crypto reserve. On March 2, Trump directed the President’s Working Group on Digital Asset Markets to create this reserve.
The strategic reserve will include key cryptocurrencies, with Trump clarifying that Bitcoin and Ethereum would be central to the initiative. Initial reports also mentioned assets like Ripple (XRP), Solana (SOL), and Cardano (ADA).
