Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 2698
Markets: 22707
CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
Market Cap
24h Vol
2698
Cryptocurrencies
63.57%
Bitcoin Share
Cryptopolitan 2025-01-20 19:13:14

Trump’s WLF buys $47 million Bitcoin immediately after his swear-in

Trump’s WLF buys $47 million Bitcoin immediately after his swear-in

The Trump family’s financial project, World Liberty Financial (WLFI), transferred $47m of treasury funds into Bitcoin (BTC), as reported by on-chain data. The transaction happened after Donald Trump took the oath and became the 47th President of the United States on January 20, 2025. Source:X The investment was done using Wrapped Bitcoin (WBTC), an ERC-20 token backed 1:1 with Bitcoin. According to Etherscan data, Cow Protocol, an intent-based trading platform, transferred $4.7m into more than 44 WBTC. The purchases were said to have been done in tranches, which gave a pointer to their deliberate approach. Blockchain analytics firm Arkham Intelligence Insights also identified the transactions in a post on X, pointing out that WLFI rotated its treasury into Bitcoin before the inauguration. “The instant he was sworn in, Trump’s project World Liberty FI bought $4.7 million USD of Bitcoin,” Arkham stated. This is a developing story A Step-By-Step System To Launching Your Web3 Career and Landing High-Paying Crypto Jobs in 90 Days.

Most Read News

Market Cap
24h Vol
63.57%
Bitcoin Share
0
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.