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Cryptocurrency News Articles
Donald Trump-Endorsed Cryptocurrency Project World Liberty Financial Diversifies Holdings in Its Multisignature Wallet
Jan 23, 2025 at 02:53 am
World Liberty Financial (WLF), the Donald Trump-endorsed and Justin Sun-advised cryptocurrency project, has been diversifying the holdings in its multisignature wallet.
World Liberty Financial (WLF), a cryptocurrency project endorsed by Donald Trump and advised by Justin Sun, has been diversifying the holdings in its multisignature wallet.
According to Donald Trump Jr., WLF recently acquired millions in ether, AAVE, LINK, and Ethena, as well as Sun-founded TRON, and Sun-advised Wrapped Bitcoin.
Sun has been reposting posts about these purchases and claimed that he believes that if he has “made any money in cryptocurrency, all credit goes to President Trump.”
The largest holding in the multisignature wallet is ETH, which if you combine the native token, staked ether, and Wrapped Ether, totals over $215 million.
There is also over $7 million worth of Sun-founded TRX tokens.
Other holdings include stablecoins like over $55 million USDC and over $9 million USDT. Additionally, the multisignature wallet contains over $5 million ENA, the governance token for the Ethena ecosystem.
WLF has also partnered with Chainlink and there is over $6 million LINK. The protocol will also wrap various AAVE markets and there is over $6 million AAVE.
Interestingly, there is no discussion of these purchases on the governance forum, and there were no proposals on the governance snapshot.
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