United States President Donald Trump’s World Liberty Financial introduced one other spherical of investments this week to additional construct its crypto portfolio. According to on-chain knowledge, World Liberty Financial withdrew $10 million USDC from its Coinbase account to buy 200 million WLFI tokens and one other $12k to purchase 547,990 SEI tokens, with a mean worth of $0.228.
Both transactions have been recorded final February twentieth, as reported by Onchain Lens. The crypto agency’s newest transaction coincided with the discharge of its macro technique final February twelfth.
A multisig pockets created by #Trump‘s World Liberty Finance (@worldlibertyfi) has withdrew $10M $USDC from #Coinbase to purchase 200M $WLFI.
They additionally spent $125k $USDC to purchase 547,990 $SEI at a mean worth of $0.228.
MultiSig Wallet: 0x64bcb62afee4712bb6ecf7673ee3cfe6e2e133e8… pic.twitter.com/w4Luz8NIuR
— Onchain Lens (@OnchainLens) February 20, 2025
Trump Family’s Foray Into Crypto Continues
World Liberty Financial is a crypto and DeFI challenge supported by the US President and a few members of the family, together with Donald Trump Jr., Eric Trump, and Barron Trump. It goals to strengthen the US greenback’s place within the extremely aggressive DeFi area.
According to firm information, Trump and his associates management 60% of the WLF, which assigns them 75% management over the agency’s income and entry to 22.5 billion tokens. Trump’s household additionally owns a lot of the Trump Media & Technology Group, which not too long ago introduced its shift to crypto after beginning with monetary providers.
WLF’s Macro Strategy – What We Know So Far
Last February twelfth, Trump’s crypto firm introduced the creation of the Macro Strategy, a strategic token reserve that goals to spice up its competitiveness in DeFi. In a Twitter/X publish, WLF shared that this new challenge goals to boost stability, foster progress, construct belief, and promote strategic partnerships with monetary establishments.
WLF not too long ago acquired a lift from Tron’s Justin Sun, who invested no less than $75 million in its native token, making him one of the crucial distinguished traders. However, Sun’s entry into the corporate was criticized because of his alleged hyperlinks with unlawful monetary actions. Aside from Sun’s funding, WLF has supplied varied offers to its traders, making it one of many greatest crypto launches thus far.
WLF Continues To Boost Holdings, As Criticisms Start To Trickle In
WLF continues its expansion within the crypto market due to Trump’s backing and the entry of Sun. According to a BitMart Research report, as of February ninth, the corporate has bought $455 million value of tokens. Trump’s crypto challenge generated $319 million from promoting its 21.3 billion tokens at $0.015 every. And for its second spherical of gross sales, the corporate earned one other $136 million.
However, WLF stays on the heart of controversy due primarily to its hyperlinks with the Trump household. According to some critics, Trump’s crypto challenge is self-serving and solely advantages the president’s speedy members of the family and allies.
Featured picture from ClutchPoints, chart from TradingView
