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Trump’s WLF buys $47 million Bitcoin immediately after his swear-in


by Brenda Kanana
for CryptoPolitan
Trump’s WLF buys $47 million Bitcoin immediately after his swear-in

The Trump family’s financial project, World Liberty Financial (WLFI), transferred $47m of treasury funds into Bitcoin (BTC), as reported by on-chain data. The transaction happened after Donald Trump took the oath and became the 47th President of the United States on January 20, 2025.

Image
Source:X

The investment was done using Wrapped Bitcoin (WBTC), an ERC-20 token backed 1:1 with Bitcoin. According to Etherscan data, Cow Protocol, an intent-based trading platform, transferred $4.7m into more than 44 WBTC. The purchases were said to have been done in tranches, which gave a pointer to their deliberate approach.

Arkham Intelligence Insights Blockchain analytics platform Arkham Intelligence confirmed the transactions in a post on X, noting that WLFI rotated its treasury into Bitcoin ahead of the inauguration. “The instant he was sworn in, Trump’s project World Liberty FI bought $4.7 million USD of Bitcoin,” Arkham reported.

Blockchain analytics firm Arkham Intelligence Insights also identified the transactions in a post on X, pointing out that WLFI rotated its treasury into Bitcoin before the inauguration. “The instant he was sworn in, Trump’s project World Liberty FI bought $4.7 million USD of Bitcoin,” Arkham stated.


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Trump’s WLF buys $47 million Bitcoin immediately after his swear-in


by Brenda Kanana
for CryptoPolitan
Trump’s WLF buys $47 million Bitcoin immediately after his swear-in

The Trump family’s financial project, World Liberty Financial (WLFI), transferred $47m of treasury funds into Bitcoin (BTC), as reported by on-chain data. The transaction happened after Donald Trump took the oath and became the 47th President of the United States on January 20, 2025.

Image
Source:X

The investment was done using Wrapped Bitcoin (WBTC), an ERC-20 token backed 1:1 with Bitcoin. According to Etherscan data, Cow Protocol, an intent-based trading platform, transferred $4.7m into more than 44 WBTC. The purchases were said to have been done in tranches, which gave a pointer to their deliberate approach.

Arkham Intelligence Insights Blockchain analytics platform Arkham Intelligence confirmed the transactions in a post on X, noting that WLFI rotated its treasury into Bitcoin ahead of the inauguration. “The instant he was sworn in, Trump’s project World Liberty FI bought $4.7 million USD of Bitcoin,” Arkham reported.

Blockchain analytics firm Arkham Intelligence Insights also identified the transactions in a post on X, pointing out that WLFI rotated its treasury into Bitcoin before the inauguration. “The instant he was sworn in, Trump’s project World Liberty FI bought $4.7 million USD of Bitcoin,” Arkham stated.


This is a developing story

Land a High-Paying Web3 Job in 90 Days: The Ultimate Roadmap

Read the article at CryptoPolitan

Read More

Bitwise Predicts $200K Bitcoin by Year-End—BTC Rally ‘Has a Long Way to Go’

Bitwise Predicts $200K Bitcoin by Year-End—BTC Rally ‘Has a Long Way to Go’

Bitcoin is poised for an explosive breakout as institutional demand crushes limited s...
The Growing Influence of Bitcoin: Insights from Anthony Scaramucci

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Institutional demand for Bitcoin steadily increases as funds flow into the cryptocurr...