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MainNewsTrump-Backed...

Trump-Backed World Liberty Financial Grows Crypto Portfolio to $45 Million


by Coin Edition
for CoinEdition
World Liberty Financial Faces Struggles Despite Its Crypto Bets
  • World Liberty Financial invests nearly $45 million in crypto assets, including ONDO and ETH.  
  • Justin Sun’s $30 million investment boosts World Liberty Financial’s growth and advisory.  
  • The Trump family-backed project plans to use Aave’s protocols for decentralized lending.

World Liberty Financial (WLF), a Trump-backed crypto project, significantly increased its investments in December, bringing its total to nearly $45 million. The fund acquired $250,000 USDC worth of Ondo (ONDO) tokens, aiming to strengthen its position in decentralized finance (DeFi).

On December 16, WLF purchased 134,216 ONDO tokens via Cow Protocol at a price of $250,000 USDC. Since November, the fund has allocated $44.75 million across six different assets as part of its aggressive investment strategy.

R…

The post Trump-Backed World Liberty Financial Grows Crypto Portfolio to $45 Million appeared first on Coin Edition.

Read the article at CoinEdition

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MainNewsTrump-Backed...

Trump-Backed World Liberty Financial Grows Crypto Portfolio to $45 Million


by Coin Edition
for CoinEdition
World Liberty Financial Faces Struggles Despite Its Crypto Bets
  • World Liberty Financial invests nearly $45 million in crypto assets, including ONDO and ETH.  
  • Justin Sun’s $30 million investment boosts World Liberty Financial’s growth and advisory.  
  • The Trump family-backed project plans to use Aave’s protocols for decentralized lending.

World Liberty Financial (WLF), a Trump-backed crypto project, significantly increased its investments in December, bringing its total to nearly $45 million. The fund acquired $250,000 USDC worth of Ondo (ONDO) tokens, aiming to strengthen its position in decentralized finance (DeFi).

On December 16, WLF purchased 134,216 ONDO tokens via Cow Protocol at a price of $250,000 USDC. Since November, the fund has allocated $44.75 million across six different assets as part of its aggressive investment strategy.

R…

The post Trump-Backed World Liberty Financial Grows Crypto Portfolio to $45 Million appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Why ZKsync’s founder believes Ethereum’s real strength lies in staying neutral

Why ZKsync’s founder believes Ethereum’s real strength lies in staying neutral

Alex Gluchowski, founder of ZKsync and CEO of Matter Labs, believes Ethereum continue...
Defi Development Corp Plans $1 Billion Offering to Expand Solana Holdings

Defi Development Corp Plans $1 Billion Offering to Expand Solana Holdings

Defi Development Corporation, previously known as Janover, has submitted a registrati...