United States President Donald Trump’s World Liberty Monetary introduced one other spherical of investments this week to additional construct its crypto portfolio. In accordance with on-chain knowledge, World Liberty Monetary withdrew $10 million USDC from its Coinbase account to buy 200 million WLFI tokens and one other $12k to purchase 547,990 SEI tokens, with a mean worth of $0.228.
Each transactions have been recorded final February twentieth, as reported by Onchain Lens. The crypto agency’s newest transaction coincided with the discharge of its macro technique final February twelfth.
A multisig pockets created by #Trump‘s World Liberty Finance (@worldlibertyfi) has withdrew $10M $USDC from #Coinbase to purchase 200M $WLFI.
Additionally they spent $125k $USDC to purchase 547,990 $SEI at a mean worth of $0.228.
MultiSig Pockets: 0x64bcb62afee4712bb6ecf7673ee3cfe6e2e133e8… pic.twitter.com/w4Luz8NIuR
— Onchain Lens (@OnchainLens) February 20, 2025
Trump Household’s Foray Into Crypto Continues
World Liberty Monetary is a crypto and DeFI undertaking supported by the US President and a few members of the family, together with Donald Trump Jr., Eric Trump, and Barron Trump. It goals to strengthen the US greenback’s place within the extremely aggressive DeFi house.
In accordance with firm information, Trump and his associates management 60% of the WLF, which assigns them 75% management over the agency’s income and entry to 22.5 billion tokens. Trump’s household additionally owns a lot of the Trump Media & Expertise Group, which not too long ago introduced its shift to crypto after beginning with monetary companies.
WLF’s Macro Technique – What We Know So Far
Final February twelfth, Trump’s crypto firm introduced the creation of the Macro Technique, a strategic token reserve that goals to spice up its competitiveness in DeFi. In a Twitter/X put up, WLF shared that this new undertaking goals to reinforce stability, foster progress, construct belief, and promote strategic partnerships with monetary establishments.
WLF not too long ago obtained a lift from Tron’s Justin Solar, who invested at the very least $75 million in its native token, making him one of the crucial outstanding buyers. Nevertheless, Solar’s entry into the corporate was criticized attributable to his alleged hyperlinks with unlawful monetary actions. Except for Solar’s funding, WLF has supplied varied offers to its buyers, making it one of many greatest crypto launches to this point.
WLF Continues To Enhance Holdings, As Criticisms Begin To Trickle In
WLF continues its growth within the crypto market due to Trump’s backing and the entry of Solar. In accordance with a BitMart Analysis report, as of February ninth, the corporate has offered $455 million value of tokens. Trump’s crypto undertaking generated $319 million from promoting its 21.3 billion tokens at $0.015 every. And for its second spherical of gross sales, the corporate earned one other $136 million.
Nevertheless, WLF stays on the heart of controversy due primarily to its hyperlinks with the Trump household. In accordance with some critics, Trump’s crypto undertaking is self-serving and solely advantages the president’s rapid members of the family and allies.
Featured picture from ClutchPoints, chart from TradingView
