World Liberty Financial Bolsters Crypto Holdings as Trump Assumes Presidency
- World Liberty Financial made significant crypto purchases as President Trump was inaugurated, signaling possible regulatory shifts.
- Investments included $47 million in Ethereum, $4.4 million in Aave, and $4.5 million in Tron, among others.
Following Donald Trump’s inauguration as the 47th president of the United States, his associated investment entity, World Liberty Financial (WLF) , conducted significant purchases of various cryptocurrencies. This move came amid heightened anticipation of policy changes that could impact the sector.
According to blockchain analytics firm Arkham Intelligence, WLF strategically increased its cryptocurrency holdings just as Trump was sworn in. The firm invested $4.7 million in Bitcoin and proceeded to acquire substantial amounts of other major cryptocurrencies.
TRUMP’S WORLD LIBERTY FI BUYING $50M+ OF CRYPTO RIGHT NOW
In the past hour or so, Donald Trump’s project World Liberty Fi has purchased:
$4.7M of LINK
$4.7M of AAVE
$4.7M of TRX
$4.7M of ENA
3x $4.7M of WBTC
4x $4.7M of ETHHow much more will they buy? https://t.co/okD9QwZwy9 pic.twitter.com/XiNH1VFy4c
— Arkham (@arkham) January 20, 2025
These purchases included around $47 million in Ethereum, $4.4 million in Aave, and $4.5 million in Tron. Furthermore, WLF added $47 million in Wrapped Bitcoin (WBTC), $5.5 million in Chainlink, and $4.5 million in Ethena Labs tokens.
TRUMP’S WORLD LIBERTY FI BOUGHT $47M OF BTC AND $47M OF ETH TO CELEBRATE HIS INAUGURATION AS 47TH PRESIDENT OF THE UNITED STATES OF AMERICA pic.twitter.com/ZfdBQsnsG4
— Arkham (@arkham) January 20, 2025
The cryptocurrency market reacted to these acquisitions with increased interest, particularly following hints from Eric Trump about potential future investments . This comes at a time when the crypto industry faces ongoing controversies and discussions about regulatory scrutiny under the new administration.
Wait until you see what they do tomorrow! 🚀🚀 @worldlibertyfi https://t.co/v8eRDFImHo
— Eric Trump (@EricTrump) January 20, 2025
Current Market Conditions
Bitcoin’s price has recently stabilized at around $104,000, reflecting the ongoing volatility and uncertainty that characterize the crypto asset market.
As the Trump administration begins its term, the crypto community is closely watching for any indications of regulatory changes that could significantly affect the market dynamics and investment strategies.
Source: TradingviewBitcoin (BTC) is currently priced at $103,635 USD, reflecting a 2.37% decrease in the last 24 hours. Its trading volume in the past 24 hours is $140.61 billion USD, indicating robust market activity, and its market capitalization stands at approximately $2.05 trillion USD.
The circulating supply remains at 19.81 million BTC, with a maximum supply capped at 21 million BTC.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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