Crypto

WLFI buys $9.84M in wBTC, total holdings reach $365M

Trump family-backed WLFI’s latest $9.84 million wBTC buy raises its complete crypto holdings to $365 million.

World Liberty Financial (WLFI), a crypto mission tied to the Trump household, has intensified its aggressive push into digital belongings.

Over the previous three days, the fund has invested a staggering $178.2 million throughout six tokens, together with Ethereum (ETH), Wrapped Bitcoin (wBTC), TRON (TRX), Aave (AAVE), Chainlink (LINK), and Ethena (ENA).

The newest on-chain information reveals that on Jan. 22, WLFI spent $9.84 million to buy 94.94 wBTC, profiting from a value drop. This got here only a day after the fund poured $2.65 million into 10.81 million TRX.

In complete, WLFI has acquired 534.1 wBTC for $56.82 million within the final three days, with the token averaging $106,379 per coin. Regardless of wBTC costs barely declining for the reason that purchases, the fund seems undeterred, doubling down on its long-term crypto technique.

This shopping for spree builds on WLFI’s preliminary $120 million funding, introduced by Donald Trump Jr. hours after his father’s inauguration on Jan. 20.

That preliminary allocation included $47 million every for Ethereum and wBTC, with $4.7 million distributed amongst TRX, AAVE, LINK, and ENA.

As of Jan. 23, the fund’s ongoing acquisitions have brought its complete crypto holdings to roughly $365.5 million, cementing its place as a significant institutional participant within the digital asset area.

Including additional intrigue is WLFI’s relationship with TRON. In November 2024, TRON’s founder, Justin Solar, introduced a $30 million funding in WLFI.

Solar tweeted: “The U.S. is changing into the blockchain hub, and Bitcoin owes it to realDonaldTrump! TRON is dedicated to creating America nice once more and main innovation.”

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