WLFI Increases Crypto Bet With $21,5 Million Investment Ahead of White House Summit
- WLFI: Invests US$21,5 million in cryptos.
- Portfolio: Buy WBTC, ETH and MOVE.
- Summit: Investment ahead of White House event.
World Liberty Financial (WLFI), the cryptocurrency project linked to Donald Trump, has expanded its digital asset portfolio with a $21,5 million investment. The acquisition, revealed by the Arkham Intelligence platform, includes $10 million in Wrapped Bitcoin (WBTC), $10 million in Ethereum (ETH) and $1,5 million in Movement (MOVE), with the latter asset surging more than 20% in the last 24 hours alone, driven by the investment, and currently trading at $0,4874.
With this move, WLFI, a decentralized financial protocol founded in 2024, increased its total investments in cryptocurrencies to US$ 336 million, distributed across nine assets, such as TRX, LINK, AAVE, ENA, ONDO and SEI.
“ARKHAM ALERT: DONALD TRUMP PROJECT BUYING $25 MILLION OF $WBTC, $ETH, and $MOVE. Donald Trump’s project, the World Liberty Fi wallet, just sent $25 million USDC to a separate contract that purchased $10 million ETH, $10 million WBTC, and $1,5 million MOVE. The contract then returned the assets to the main WLF wallet.” highlighted Arkham.
The purchase takes place less than 24 hours before the execution The White House Cryptocurrency Summit, scheduled for March 7, is highly relevant because it could influence Donald Trump’s position on the creation of a national cryptocurrency reserve in the United States. With its move, WLFI demonstrated its long-term strategy, remaining optimistic despite unrealized losses of $88 million caused by market volatility. WLFI’s strategy suggests a bet on the future appreciation of cryptocurrencies, in line with discussions around the adoption of digital assets in national reserves.
In addition to the MOVE token, Ethereum and Wrapped Bitcoin (WBTC) are also trading in the green today amid WLFI’s recent move. At press time, Ethereum’s price is trading at $2.253,51, up 2.7% over the past 24 hours. Seemingly up, WBTC is trading at $89.531,39, up 0.1%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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