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Coin Edition 2024-12-16 08:55:47

Trump-Backed World Liberty Financial Grows Crypto Portfolio to $45 Million

World Liberty Financial invests nearly $45 million in crypto assets, including ONDO and ETH. Justin Sun’s $30 million investment boosts World Liberty Financial’s growth and advisory. The Trump family-backed project plans to use Aave’s protocols for decentralized lending. World Liberty Financial (WLF), a Trump-backed crypto project, significantly increased its investments in December, bringing its total to nearly $45 million. The fund acquired $250,000 USDC worth of Ondo (ONDO) tokens, aiming to strengthen its position in decentralized finance (DeFi). On December 16, WLF purchased 134,216 ONDO tokens via Cow Protocol at a price of $250,000 USDC. Since November, the fund has allocated $44.75 million across six different assets as part of its aggressive investment strategy. Donald Trump’s World Liberty Financial ( @worldlibertyfi ) just spent 250K $USDC to buy the first 134,216 $ONDO an hour ago! Overall, since November 30, this fund has spent $44.75M to buy 6 crypto assets: • 8,105 $ETH (cost: $30M, avg buy price: $3,701), now +$2.12M • 102.9… https://t.co/KBaKgqvvq1 pic.twitter.com/ez4dNwmATA — Spot On Chain (@spotonchain) December 16, 2024 R… The post Trump-Backed World Liberty Financial Grows Crypto Portfolio to $45 Million appeared first on Coin Edition .

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