Trump Family-Backed WLFI Intensifies Its Crypto Buying Spree, Raises Total Holdings to $365M

World Liberty Financial (WLFI), a crypto project tied to the Trump family, has intensified its aggressive push into digital assets.

Trump family-backed crypto fund World Liberty Financial (WLFI) has recently dropped $9.84 million on 94.94 Wrapped Bitcoin (wBTC) tokens, according to on-chain data.

This latest purchase comes as part of a larger $178.2 million investment spree by the fund over the past three days, which has seen it also acquire Ethereum (ETH), TRON (TRX), Aave (AAVE), Chainlink (LINK), and Ethena (ENA) tokens.

World Liberty Financial (@worldlibertyfi) spent $9.84M to buy 94.94 $WBTC in the past hour during a price dip!

In 3 days, the fund has invested $56.82M in 534.1 $WBTC at an average price of $106,379, now down $1.74M (-3%).

And overall, a total of $178.2M has been spent on 6… https://t.co/hw42M1Wc58 pic.twitter.com/TapRMagNgB

As of Jan. 23, WLFI's total crypto holdings now stand at around $365.5 million, making it one of the largest institutional investors in digital assets.

The fund, which was founded by Donald Trump Jr. and his close friend, Gary Vaynerchuk, has been rapidly increasing its crypto exposure since announcing its first $120 million purchase of ETH, wBTC, TRX, AAVE, LINK, and ENA tokens following his father's inauguration on Jan. 20.

To commemorate the inauguration of Donald J. Trump as the 47th President of the United States, $WLFI is proud to announce the following strategic purchases today:

$47,000,000 ETH

$47,000,000 wBTC

$4,700,000 Aave

$4,700,000 LINK

$4,700,000 TRX

$4,700,000 ENA

Excited for the…

This latest round of purchases also includes $2.65 million on 10.81 million TRX tokens, a purchase that was made a day prior to the wBTC purchase.

The fund's large-scale crypto investments have drawn attention due to the Trump family's involvement and close ties to the Republican Party, which has generally taken a skeptical stance toward cryptocurrencies.

However, some institutional investors have expressed optimism about the fund's potential to drive mainstream adoption of digital assets.