In a dramatic move, World Liberty Financial (WLFI) has significantly increased its cryptocurrency holdings, adding assets worth over $46 million in a single hour.
This announcement aligns with the celebration of the newly elected 47th President of the United States, showcasing a unique blend of ceremony and strategic financial maneuvering.
WLFI’s updated cryptocurrency portfolio now includes:
– WBTC: 306.5 tokens worth approximately $32.81 million
– ETH: 11,209 tokens valued at about $37.47 million
– AAVE: 13,261 tokens amounting to $4.7 million
– ENA: 5.037 million tokens worth $4.7 million
– LINK: 185,000 tokens valued at $4.7 million
– TRX: 19.3 million tokens, also worth $4.7 million
The projects selected by WLFI reportedly maintain direct or indirect business relationships with the organization. Each investment aligns with strategic partnerships designed to bolster WLFI’s influence and future growth:
– AAVE: WLFI will deploy a lending instance on Aave v3’s Ethereum mainnet, pledging 7% of WLFI tokens and 20% of future revenue fees to Aave’s governance.
– LINK: Chosen as WLFI’s oracle service provider, ensuring secure and accurate on-chain price data.
– ENA: Proposed to add sUSDEe as core collateral in future Aave instances, with collateral assets now exceeding $1 billion.
– ONDO: Although details remain undisclosed, ONDO’s bond RWA ties to U.S. money funds suggest future collaboration.
– TRX: A bold $75 million direct investment by Justin Sun enhances WLFI’s position in the TRON ecosystem.
This large-scale acquisition highlights WLFI’s aggressive investment strategy and influence in the digital asset space. As WLFI strengthens its foothold, the ripple effects of these partnerships could redefine the trajectory of its chosen projects.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!
Image Source: jtdee23/123RF // Image Effects by Colorcinch
As the blockchain ecosystem continues to evolve, modular blockchains are emerging as a promising frontier,…
MetaMask wants its own stablecoin. It’s calling it MetaMask USD (mmUSD). And if the recent…
Spartan’s $250K Lambo Challenge Tops 2025’s Crypto Gambling Prize War with Stake & Betway Crypto…
SharpLink is leaning hard into Ethereum. They buy. They stake. They hold. Ethereum currently trades…
After months of consolidation, Cardano (ADA) is regaining investor attention thanks to renewed forecasts projecting…
Whales are back—and this time, they’re not making noise. Despite the relative calm in prices,…