Trump-backed World Liberty Financial Buys $113 Million of Crypto to Celebrate Inauguration

World Liberty Financial (WLFI), the DeFi project affiliated with U.S. President Donald J. Trump, bought approximately $112.8 million worth of crypto to celebrate Trump’s inauguration as the 47th President of the U.S.

On Jan 20., the DeFi project backed by Trump’s family added six cryptocurrencies to its holdings.

WLFI acquired $47 million worth of Ethereum (ETH) and Wrapped Bitcoin (wBTC) each. It also acquired $4.7 million stakes in Aave (AAVE), Chainlink (LINK), TRON (TRX), and Ethena (ENA).

WLFI’s total portfolio has surpassed $349 million following this latest purchase, per data from Arkham Intelligence. Ethereum is WLFI’s largest holding at 59,334 ETH worth $196.47 million.

World Liberty Financial kicked off a token sale in September 2024, intending to sell 20% of 100 billion WLFI tokens. The project has now added 5 billion tokens for sale at $0.05 per token, as mentioned on WLFI’s website.

“We’ve completed our mission and sold 20% of our token supply. Due to massive demand and overwhelming interest, we’ve decided to open up an additional block of 5% of token supply,” WLFI said in an X post on Jan. 20.

Tron founder Justin Sun believes Trump will transform the crypto landscape. Sun is one of the largest investors in the WLFI project, with a $30 million token purchase in November 2024. Sun has added another $45 million to WLFI.

“We @trondao are continuing to increase our investment in World Liberty Financial, with an additional $45 million, bringing the total investment to $75 million,” said Sun in a Jan. 19 X post.