Trump-backed World Liberty Financial invests $70M in crypto: Ethereum leads acquisitions
- Trump-backed WLF invests $70 million in crypto, including ETH, WBTC, and ENA.
- WLF’s aggressive investments aim to reshape the decentralized finance landscape.
- Justin Sun boosts TRON’s investment in WLF, joining as an advisor.
World Liberty Financial (WLF), a decentralized finance platform backed by the Trump family, has recently grabbed headlines with its bold cryptocurrency purchases and strategic partnerships. In just three days, WLF poured $70 million into various crypto assets, boosting its total holdings to a staggering $325 million.
WLF’s Expanding Crypto Portfolio
WLF’s latest acquisitions include massive purchases of 55,000 Ethereum (ETH) worth $180 million, along with other assets like TRX, LINK, AAVE, and ENA. They also snagged $18.8 million in wrapped Bitcoin (WBTC). Interestingly, WLF acquired Ethena (ENA) tokens for $2.3 million, showing their commitment to diversification in the fast-growing decentralized finance (DeFi) space.
Related: World Liberty Financial Bets $12M on Crypto with ETH, LINK, AAVE Buys
Partnerships and Market Impact
The team-up between WLF and TRON DAO has turned heads. TRON founder Justin Sun upped TRON’s investme…
The post Trump-backed World Liberty Financial invests $70M in crypto: Ethereum leads acquisitions appeared first on Coin Edition.
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Trump-backed World Liberty Financial invests $70M in crypto: Ethereum leads acquisitions
- Trump-backed WLF invests $70 million in crypto, including ETH, WBTC, and ENA.
- WLF’s aggressive investments aim to reshape the decentralized finance landscape.
- Justin Sun boosts TRON’s investment in WLF, joining as an advisor.
World Liberty Financial (WLF), a decentralized finance platform backed by the Trump family, has recently grabbed headlines with its bold cryptocurrency purchases and strategic partnerships. In just three days, WLF poured $70 million into various crypto assets, boosting its total holdings to a staggering $325 million.
WLF’s Expanding Crypto Portfolio
WLF’s latest acquisitions include massive purchases of 55,000 Ethereum (ETH) worth $180 million, along with other assets like TRX, LINK, AAVE, and ENA. They also snagged $18.8 million in wrapped Bitcoin (WBTC). Interestingly, WLF acquired Ethena (ENA) tokens for $2.3 million, showing their commitment to diversification in the fast-growing decentralized finance (DeFi) space.
Related: World Liberty Financial Bets $12M on Crypto with ETH, LINK, AAVE Buys
Partnerships and Market Impact
The team-up between WLF and TRON DAO has turned heads. TRON founder Justin Sun upped TRON’s investme…
The post Trump-backed World Liberty Financial invests $70M in crypto: Ethereum leads acquisitions appeared first on Coin Edition.
Read More
IMF Warns Negative Supply Shock Incoming, Forecasts ‘Significant Slowdown’ of Global Economy