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Cryptocurrency News Articles
World Liberty Financial Makes $3 Million Investment in Mantle Tokens Amid Portfolio Losses
Mar 24, 2025 at 11:00 pm
This purchase comes at a time when the President Trump-backed decentralized finance (DeFi) project, Mantle, faces an unrealized loss
World Liberty Financial (WLFI) has made a new $3 million investment in Mantle (MNT) tokens, even as its broader cryptocurrency portfolio continues to report losses.
This purchase comes at a time when the President Trump-backed decentralized finance (DeFi) project, Mantle, is facing an unrealized loss exceeding $100 million, further drawing attention to WLFI’s strategy.
According to data from the blockchain analytics firm, World Liberty Financial has acquired 3.54 million MNT tokens at an average price of $0.84 (0.8388) using Tether (USDT). This transaction follows a similar purchase made just last week, in which the firm spent $2 million to acquire 2.45 million MNT tokens at $0.81 (0.8068).
With the latest buy, WLFI now holds a total of 5.98 million MNT tokens, which are currently valued at $5.05 million.
This investment has already had a slight positive effect on MNT’s price, which increased by 7.3% within 24 hours after the announcement. The token’s trading volume also saw a notable surge of 72.7%, indicating increased market activity and investor interest.
However, while MNT’s value has seen a slight uptick, WLFI’s broader cryptocurrency portfolio is facing significant declines.
According to the latest data, WLFI has invested a total of $346 million across 11 tokens, including well-known cryptocurrencies such as Ethereum (ETH), Wrapped Bitcoin (WBTC), and Chainlink (LINK).
The current value of WLFI’s holdings is just $234.6 million, leaving the firm with an unrealized loss of $111.4 million.
Despite the downturn in market conditions, WLFI has been actively acquiring assets. Since late February, the firm has spent $28.6 million to purchase additional assets, including AVAX, MNT, ETH, and WBTC, among others.
Despite this continued spending, WLIV is facing a loss of $1.62 million on these assets, leading some analysts to question why the firm continues its investment strategy in the face of significant losses.
One X user, who is a Node Operator for Bitcoin, Ethereum, and other chains, speculated that WLFI may have access to insider information or might be part of a larger strategic move.
Another analyst, who is a full-time crypto trader, pointed out that some of the tokens in WLFI’s portfolio, such as Animoca Brands (AAMB) and Chainlink, are "supporting" the firm with their tokens. This could be tied to collaborations or partnerships between the projects and WLFI.
As WLFI continues to navigate through this challenging financial landscape, its investment decisions will continue to attract attention. Investors and analysts are closely watching to see whether WLFI’s strategy will pay off or if further losses are on the horizon.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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