- WLFI invests $103M in crypto assets to mark Trump’s inauguration and expands its digital presence.
- TRON DAO backs WLFI with a $75M investment strengthening its position in the blockchain ecosystem.
- WLFI boosts holdings with Ethereum Name Service domains tied to the Trump family and diverse crypto assets.
World Liberty Financial (WLFI), a DeFi platform linked to Donald Trump, marked his inauguration with $103 million in crypto investments. This move follows its presale success, which raised $30 million and sold 20% of its token supply.
WLFI Strategic Acquisitions to Commemorate the Occasion
To celebrate, World Liberty Financial acquired a mix of established and emerging digital assets. According to blockchain analytics platform Spot On Chain, WLFI purchased 19.3 million TRX, 13,261 AAVE, and 177,928 LINK for $4.7 million each. Additionally, the platform invested $32.8 million in SETI, $18.8 million in SWEAT, and $14.7 million in ENA.
Ethereum remains central to WLFI’s holdings, with a balance exceeding 47,000 ETH, valued at $158 million. These acquisitions demonstrate a dual strategy of reinforcing positions in established coins while exploring the potential of newer tokens.
Institutional Support Strengthens WLFI’s Position
WLFI’s rise has been bolstered by TRON DAO, one of its largest supporters. TRON founder Justin Sun recently added $45 million to TRON DAO’s stake, raising its total investment to $75 million. Currently, TRON DAO holds 3 billion WLFI tokens, making it the platform’s largest stakeholder.
The partnership reflects a shared goal between WLFI and TRON DAO to advance blockchain adoption on a global scale.
Digital Expansion and Branding
In addition to investments, WLFI enhanced its digital presence by acquiring Ethereum Name Service (ENS) domains. These include TrumpCoin.eth, EricTrump.eth, and BarronTrump.eth, aligning its blockchain initiatives with the Trump family brand.
This announcement coincided with Donald Trump’s unveiling of an official meme coin on the Solana blockchain, fueling renewed interest in WLFI.
Establishing a Stronghold in DeFi
WLFI’s token sales surged during the inauguration celebrations, with over 85% of its governance token supply sold. The event-driven investments and strong institutional backing highlight WLFI’s ambitions to cement its position as a leader in the DeFi space.
By diversifying its portfolio and expanding its digital presence, WLFI is poised for continued growth in the blockchain industry.
The post World Liberty Financial Invests $103 Million in Crypto to Celebrate Trump’s Inauguration appeared first on Cryptonewsland.
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