In a bold move signaling growing confidence in the crypto market, World Liberty Financial, the decentralized finance (DeFi) project with ties to former U.S. President Donald Trump, has announced plans to significantly expand its cryptocurrency holdings. The project, which has already raised an impressive $1.1 billion through its ongoing WLFI token sale, is doubling down on its commitment to digital assets amid a shifting regulatory landscape.
Millions in WBTC and TRX Acquisitions
According to an insider source, World Liberty Financial is gearing up for a $2.65 million purchase of Tron’s native TRX token later this week. This comes hot on the heels of a whopping $9.8 million acquisition of wrapped Bitcoin (WBTC) on Thursday, further diversifying the project’s already substantial crypto treasury.
With these latest additions, World Liberty Financial now holds a staggering $352 million worth of various cryptocurrencies, including:
- $181 million in Ethereum (ETH)
- $56 million in wrapped Bitcoin (WBTC)
- $32 million in staked Ethereum (stETH)
- $7.4 million in Tron (TRX)
Token Sale Nears Completion
The flurry of crypto purchases comes as World Liberty Financial’s highly anticipated WLFI token sale enters its final stretch. With just 2.4 billion tokens remaining out of the total 25 billion allocated for the sale, the project has already amassed an incredible $1.1 billion since the offering went live last September.
The overwhelming success of the token sale and the project’s aggressive expansion of its crypto holdings have been largely attributed to the pro-crypto sentiment stemming from the Trump administration’s stance on digital assets. With Gary Gensler’s departure from the Securities and Exchange Commission (SEC) and a comprehensive regulatory overhaul on the horizon, many believe that a new era of crypto-friendly policies is about to dawn in the United States.
Tron Founder Bullish on WLFI
Tron founder Justin Sun, who personally invested $30 million in WLFI tokens last November, expressed his enthusiasm for the project and the Trump administration’s approach to cryptocurrencies:
“I am looking forward to seeing the Trump administration’s pro-crypto stance inspire and develop policies and initiatives that will drive innovation and promote financial inclusion, ensuring cryptocurrency becomes accessible to a wider audience.”
– Justin Sun, Founder of Tron
As World Liberty Financial continues to make waves in the DeFi space, all eyes are on the project’s next moves and the potential impact of the forthcoming regulatory changes. With a war chest of over $350 million in crypto assets and the backing of influential figures like Justin Sun, this Trump-linked venture appears poised to become a major player in the rapidly evolving world of decentralized finance.
