World Liberty Financial increases crypto holdings by $103 million after Sun increases backing
World Liberty Financial (WLFI), the DeFi platform tied to President Donald Trump, has undertaken an aggressive push to diversify its crypto portfolio, spending more than $103 million on a mix of established and emerging digital assets.
WLFIs acquisitions represent a significant escalation of its activity since the conclusion of its successful presale, which raised $30 million and sold 20% of its token supply.
Leveraging its newly secured capital, the platform has rapidly moved to strengthen its position in both established cryptocurrencies and promising blockchain projects.
Diversifying portfolio
According to blockchain analytics platform Spot On Chain, WLFI acquired 19.3 million TRX for $4.7 million, 13,261 AAVE for $4.7 million, and 177,928 LINK for $4.7 million in a single flurry of transactions.
In addition to these well-known assets, the platform invested $32.8 million in 7,022 SETI, $18.8 million in 7,413 SWEAT, and $14.7 million in 5,037 MENA.
Meanwhile, Ethereum remains the cornerstone of WLFIs holdings, with its total ETH balance now exceeding 47,000 ETH valued at $158 million.
These acquisitions reflect a dual strategy: deepening exposure to established coins while betting on the growth potential of lesser-known, emerging tokens. Spot On Chain said the purchases are part of a broader strategy to expand WLFIs market footprint and capitalize on opportunities across the crypto ecosystem.
The surge in acquisitions highlights WLFIs ambition to cement itself as a major player in the digital asset space. The timing of these investments coincides with renewed interest in the platform, fueled by Trumps recent announcement of an official meme coin on the Solana blockchain.
Heightened interest
The announcement, which highlighted the Trump brands growing involvement in the crypto industry, has helped drive confidence in WLFI as a significant player in the industry.
In addition to expanding its portfolio, WLFI is actively building its digital presence. The platform has purchased Ethereum Name Service (ENS) domains, including Trump Coin.eth, Eric Trump.eth, and Barrontrump.eth, tying its blockchain activities more closely to the Trump family.
TRON DAO, one of WLFIs largest supporters, has also played a pivotal role in the platforms rise. TRON founder Justin Sun recently announced an additional $45 million investment in WLFI, bringing TRON DAOs total stake to $75 million.
TRON DAO now holds 3 billion WLFI tokens, surpassing 34,000 other holders and reinforcing its commitment to the platform. Sun described the partnership as a shared vision to drive blockchain adoption on a global scale.
With a diversified portfolio, strong institutional backing, and increasing investor confidence, WLFI is positioning itself as a formidable force in the DeFi space. Its rapid expansion and branding efforts suggest that the platform is poised to lead the next wave of innovation in the blockchain industry.
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Text source: CryptoSlate
