World Liberty Financial (WLFI), a DeFi project associated with U.S. President Donald Trump, has purchased $112.8 million in cryptocurrencies on the first day of his presidency.
To commemorate the inauguration of Donald J. Trump as the 47th President of the United States, $WLFI is proud to announce the following strategic purchases today:
— WLFI (@worldlibertyfi) January 20, 2025
$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…
The purchases include:
- Ethereum (ETH) — $47 million
- Wrapped Bitcoin (WBTC) — $47 million
- Aave (AAVE) — $4.7 million
- Chainlink (LINK) — $4.7 million
- Tron (TRX) — $4.7 million
- Ethena (ENA) — $4.7 million
According to the company, these amounts celebrate Trump becoming the 47th President of the United States.
On January 20, World Liberty finished selling 20% of its total WLFI token supply, equivalent to 100 billion coins. Per Dune, the proceeds amounted to $300 million.
We’ve completed our mission and sold 20% of our token supply! Due to massive demand and overwhelming interest, we’ve decided to open up an additional block of 5% of token supply. Please be patient while our team works to relaunch the sale. We’ll share updates here as soon as…
— WLFI (@worldlibertyfi) January 20, 2025
Citing strong investor demand, the project announced an additional 5% WLFI token issuance.
According to Arkham Intelligence, World Liberty’s crypto portfolio is valued at around $341.2 million, with more than half of that—58,646 ETH worth $192.32 million at the time of writing.
In September 2024, Trump’s sons introduced the DeFi project and disclosed the forthcoming WLFI token sale. At the end of the month, World Liberty initiated user verification on its official website, and fundraising began in mid-October.
Context
- An organization associated with the newly inaugurated U.S. President, DT Marks DEFI, claims 75% of the net income from the crypto project.