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Cryptocurrency News Articles

Trump-Backed Crypto Venture Buys Almost $1 Million from This Altcoin

Apr 13, 2025 at 12:30 am

According to on-chain data from Arkham Intelligence, World Liberty Fi recently acquired $775,000 worth of crypto token using USD Coin (USDC).

Trump-Backed Crypto Venture Buys Almost $1 Million from This Altcoin

output: A venture capital firm, largely believed to be backed by former President Donald Trump's family, has made a significant investment in a popular layer-1 (L1) altcoin.

According to on-chain data from Arkham Intelligence, World Liberty Fi recently acquired $775,000 of an crypto token using USD Coin (USDC).

The purchase of Sei (SEI) has caught the attention of crypto traders and supporters alike, coming at a time when SEI has already shown strong momentum.

SEI prices surged 7.8% over the past 24 hours and climbed another 3.4% in just the last hour, adding to the market's enthusiasm following the announcement.

Project's Portfolio Tops $101 Million

World Liberty Fi, a project widely believed to be controlled by members of the Trump family, has become increasingly influential in the digital asset space. The latest data shows the project's total crypto portfolio is now valued at over $101 million, with a 24-hour performance increase of +1.18%.

The move into SEI tokens suggests a growing diversification strategy by the project, which continues to attract headlines since Donald Trump's return to the White House.

More eyes are now on SEI's next price move as retail traders speculate on further accumulation or potential public endorsements from the Trump-linked venture.

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Other articles published on Apr 13, 2025