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Cryptocurrency News Articles

World Liberty Financial, Donald Trump's DeFi project, has once again started buying Bitcoin and Ethereum

Mar 06, 2025 at 02:20 pm

World Liberty Financial, Donald Trump's DeFi project, has once again started buying Bitcoin and Ethereum after a brief hiatus.

World Liberty Financial, a fund led by former U.S. President Donald Trump, has once again started buying Bitcoin and Ethereum after a brief hiatus. The recent purchase comes as the crypto market recovers from correction earlier this week with BTC moving past $92,000 and ETH surging to over $2,300.

As per the on-chain data from Spot On Chain, the fund has moved a total of 25 million USDC into a newly created multi-signature wallet a few hours back. The fund has executed the following purchases:

* A bulk purchase of 650.8 BTC (nearly $60 million) from Binance at an average price of $91,542.

* A significant investment of 10 million USDC in Ethereum, resulting in the transfer of 5,126 ETH.

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Other articles published on Mar 06, 2025