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Coin Edition 2025-01-21 10:15:00

Trump Family Crypto Project Acquires $112.8M in Bitcoin, Ethereum After Inauguration

Trump Family Crypto Project Acquires $112.8M in Bitcoin, Ethereum After Inauguration

World Liberty Financial invests $112.8M in cryptocurrencies, including Ethereum and Wrapped Bitcoin. The move commemorates the inauguration of Donald Trump as the 47th President of the United States. Justin Sun increases his investment in WLFI with a $15M contribution in the latest funding round. The Trump family crypto project World Liberty Financial (WLFI) has made fresh acquisitions of crypto assets to commemorate the inauguration of Donald Trump as the 47th President of the United States. Trump’s son, Donald Trump Jr., announced the acquisition on X today, disclosing a $112.8 million cryptocurrency investment through WLFI. The investments include $47 million in Ethereum (ETH) and $47 million in Wrapped Bitcoin (wBTC), both leaders in market capitalization. Portfolio Breakdown: Diversification Takes Center Stage Additionally, $4.7 million each was allocated to Aave, Chainlink (LINK), Tron (TRX), and Ethena (ENA), further diversifying the portfolio. According to data from Arkham’s tracking platform, WLFI’s total portfolio rose to $334 million following this latest acquisition. Ethereum led the portfolio with 58,379 ETH, worth $188.99 million.… The post Trump Family Crypto Project Acquires $112.8M in Bitcoin, Ethereum After Inauguration appeared first on Coin Edition .

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