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Reading: WLFI invests $9.84M in wBTC, total crypto holdings reach $365M
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Your Crypto News Today > News > Crypto > Bitcoin > WLFI invests $9.84M in wBTC, total crypto holdings reach $365M
Bitcoin

WLFI invests $9.84M in wBTC, total crypto holdings reach $365M

January 26, 2025 3 Min Read
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WLFI invests $9.84M in wBTC, total crypto holdings reach $365M

Trump family-backed WLFI’s current $9.84 million wBTC buy raises its whole crypto holdings to $365 million.

World Liberty Monetary (WLFI), a crypto venture tied to the Trump household, has intensified its aggressive push into digital belongings.

Over the previous three days, the fund has invested a staggering $178.2 million throughout six tokens, together with Ethereum (ETH), Wrapped Bitcoin (wBTC), TRON (TRX), Aave (AAVE), Chainlink (LINK), and Ethena (ENA).

The newest on-chain information reveals that on Jan. 22, WLFI spent $9.84 million to buy 94.94 wBTC, profiting from a value drop. This got here only a day after the fund poured $2.65 million into 10.81 million TRX.

World Liberty Monetary (@worldlibertyfi) spent $9.84M to purchase 94.94 $WBTC previously hour throughout a value dip!

In 3 days, the fund has invested $56.82M in 534.1 $WBTC at a median value of $106,379, now down $1.74M (-3%).

And general, a complete of $178.2M has been spent on 6… https://t.co/hw42M1Wc58 pic.twitter.com/TapRMagNgB

— Spot On Chain (@spotonchain) January 23, 2025

In whole, WLFI has acquired 534.1 wBTC for $56.82 million within the final three days, with the token averaging $106,379 per coin. Regardless of wBTC costs barely declining for the reason that purchases, the fund seems undeterred, doubling down on its long-term crypto technique.

This shopping for spree builds on WLFI’s preliminary $120 million funding, introduced by Donald Trump Jr. hours after his father’s inauguration on Jan. 20.

To commemorate the inauguration of Donald J. Trump because the forty seventh President of the USA, $WLFI is proud to announce the next strategic purchases in the present day:

$47,000,000 ETH
$47,000,000 wBTC
$4,700,000 Aave
$4,700,000 LINK
$4,700,000 TRX
$4,700,000 ENA

Excited for the…

— Donald Trump Jr. (@DonaldJTrumpJr) January 21, 2025

That preliminary allocation included $47 million every for Ethereum and wBTC, with $4.7 million distributed amongst TRX, AAVE, LINK, and ENA.

As of Jan. 23, the fund’s ongoing acquisitions have introduced its whole crypto holdings to roughly $365.5 million, cementing its place as a serious institutional participant within the digital asset area.

Including additional intrigue is WLFI’s relationship with TRON. In November 2024, TRON’s founder, Justin Solar, introduced a $30 million funding in WLFI.

Solar tweeted: “The U.S. is turning into the blockchain hub, and Bitcoin owes it to realDonaldTrump! TRON is dedicated to creating America nice once more and main innovation.”

We’re thrilled to speculate $30 million in World Liberty Monetary @worldlibertyfi as its largest investor. The U.S. is turning into the blockchain hub, and Bitcoin owes it to @realDonaldTrump! TRON is dedicated to creating America nice once more and main innovation. Let’s go! pic.twitter.com/cISTsVYP1f

— H.E. Justin Solar 🍌 (@justinsuntron) November 25, 2024

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