Founders

World Liberty Financial, a DeFi project affiliated with the family of US President Donald Trump, bought about $112.8 million in cryptocurrencies on his first day in office.

The project, backed by the new US president, diversified its holdings by buying six different tokens, including $47 million in Ethereum and $47 million in Wrapped Bitcoin.

The project also invested $4.7 million each in AVE, Chainlink, Tron, and Etna. The purchases were made in conjunction with Trump’s inauguration.

According to data from Arkham Intelligence, the project now holds 57,115 Ethereum worth approximately $185.14 million, more than half of its portfolio.

 Additionally, the World Liberty Financial project recently sold 20% of its 100 billion WLFI token supply, raising $300 million from pre-sales.