The Trump Family Crypto Project World Liberty Financial (WLFI) Makes Fresh Acquisitions of Crypto Assets to Commemorate the Inauguration of Donald Trump as the 47th President of the United States

Trump’s son, Donald Trump Jr., announced the acquisition on X today, disclosing a $112.8 million cryptocurrency investment through WLFI.

The Trump family crypto project, known as World Liberty Financial (WLFI), has marked the inauguration of Donald Trump as the 47th President of the United States with a fresh acquisition of crypto assets.

Trump’s son, Donald Trump Jr., announced the acquisition on X today, revealing a $112.8 million cryptocurrency investment made by WLFI. This includes $47 million in Ethereum (ETH) and $47 million in Wrapped Bitcoin (wBTC), both leading the market capitalization.

Breaking Down the Portfolio: A Focus on Diversification

Moreover, $4.7 million each was allocated to Aave, Chainlink (LINK), Tron (TRX), and Ethena (ENA), further diversifying the portfolio.

Following this latest acquisition, WLFI’s total portfolio has reached $334 million, as revealed by data from Arkham’s tracking platform. Ethereum led the portfolio with 58,379 ETH, valued at $188.99 million. The USDC stablecoin was the second-largest holding with $54.4 million.

Among other key assets are 456.777 wBTC (worth $46.46 million), 4,747 staked ETH (stETH) valued at $15.32 million, AAVE at $6.54 million, LINK at $6.19 million, USDT at $5.35 million, and ENA at $4.98 million.

Justin Sun’s $15M Investment in World Liberty Financial

In other news, World Liberty Financial is conducting a public sale of its native token, WLFI. Following a successful earlier pre-sale, the company launched an additional pre-sale for its WLFI tokens yesterday.

The project offered 5% more of its token supply for sale, increasing the total to 25 billion tokens. Initially, the goal was to raise $300 million by selling 20 billion tokens, which has already been achieved.

Analytics platform Nansen has revealed a $15 million investment by Tron founder Justin Sun in World Liberty Financial. This latest funding brings Sun’s total investment in WLFI to $90 million, after an earlier $45 million allocation that increased TRON DAO’s contribution to $75 million.

It’s important to note that the WLFI token is used for governance within the World Liberty Financial Protocol and does not carry any economic rights or financial returns. The tokens are non-transferable, indefinitely locked, and cannot be used to purchase goods or services.

The above-mentioned article carries informative and educational value. It does not constitute financial or other advice. Coin Edition and its members are not liable for any losses incurred through the utilization of content, products, or services. Readers are encouraged to conduct their own research before undertaking any actions related to the company.