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Trump-backed World Liberty Financial invests $70M in crypto: Ethereum leads acquisitions


by Coin Edition
for CoinEdition
WLF Invests $70M in Crypto, Partners With TRON DAO
  • 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 the article at CoinEdition

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Trump-backed World Liberty Financial invests $70M in crypto: Ethereum leads acquisitions


by Coin Edition
for CoinEdition
WLF Invests $70M in Crypto, Partners With TRON DAO
  • 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 the article at CoinEdition

Read More

Ethereum Faces $4K Wall as Analysts Predict Pullback Before Breakout Ahead

Ethereum Faces $4K Wall as Analysts Predict Pullback Before Breakout Ahead

Cryptocurrency analyst Michaël van de Poppe has warned that Ethereum faces crucial re...
Peter Schiff Challenges Ethereum Investors to Shift Towards Bitcoin

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Peter Schiff advises Ethereum investors to shift their funds towards Bitcoin. Ethereu...