World Liberty Monetary (WLFI), the DeFi undertaking backed by the Trump household, on Saturday bought $2 million every of Avalanche (AVAX) and Mantle (MNT) tokens, whereas its complete portfolio continues to indicate substantial losses.
In accordance with knowledge tracked by Arkham Intelligence, the entity acquired 103,911 AVAX tokens and a couple of.45 million MNT tokens after a purchase order of 541,783 SEI on Thursday.
WLFI’s funding portfolio now contains 11 digital belongings, together with Ethereum, Wrapped Bitcoin, Tron, Chainlink, Aave, ENA, MOVE, ONDO, SEI, AVAX, and MNT.
As analyzed by Lookonchain, the crypto enterprise has invested roughly $343 million in these holdings and is at present dealing with unrealized losses of $118 million.
Trump’s World Liberty(@worldlibertyfi) purchased 103,911 $AVAX($2M) and a couple of.45M $MNT($2M) 3 hours in the past.
In complete, #WorldLiberty has spent $343M on 11 totally different tokens—however each single one is within the crimson, with a complete lack of $118M!https://t.co/IzbZt1afkV pic.twitter.com/b4jqIRZQ2A
— Lookonchain (@lookonchain) March 16, 2025
Ethereum represents the biggest place at 58% of the portfolio, accounting for $88 million in losses.
The newest purchases got here after WLFI finalized its $550 million token sale on Wednesday. Eric Trump, the undertaking’s web3 ambassador, signaled future developments after completion.
.@worldlibertyfi is simply getting began https://t.co/FI2tOIz50I
— Eric Trump (@EricTrump) March 14, 2025
Just lately, World Liberty Monetary introduced its partnership with the Sui Basis. The undertaking plans to combine Sui belongings into its strategic token reserve and co-develop merchandise as a part of the collaboration.
In accordance with latest stories from the Wall Road Journal and Bloomberg, World Liberty Monetary has been concerned in discussions with Binance about potential enterprise ventures, together with the event of a stablecoin.
Nonetheless, each WLFI and Binance CEO Changpeng Zhao have denied any concrete enterprise offers or discussions about buying a stake in Binance, labeling these stories as politically motivated and baseless.
https://x.com/worldlibertyfi/standing/1900592218294862126
