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World Liberty Financial adds $47 million of ETH and wBTC each to celebrate Trump’s inauguration

  • Arkham intelligence data shows that World Liberty Financial added $47 million of wrapped Bitcoin and Ethereum each to celebrate Trump’s inauguration.
  • WLFI announced strategic AAVE, TRX, LINK, and ENA purchases on Monday.
  • Massive demand and overwhelming interest in the Trump-backed DeFi platform open up an additional block of 5% of the token supply. 

Donald Trump-backed DeFi platform World Liberty Financial (WLFI) added $47 million of wrapped Bitcoin (wBTC) and Ethereum (ETH) each to celebrate Trump’s inauguration as the 47th President of the United States on Monday. Additionally, WLFI announced strategic purchases of Aave (AAVE), Tron (TRX), Chainlink (LINK), and Ethena (ENA) for its portfolio.

Trump’s DeFi platform adds more crypto

According to Arkham intelligence, data shows that Donald Trump-backed DeFi platform World Liberty Financial (WLFI) added $47 million of wBTC and $47 million of ETH on Monday to celebrate Trump’s inauguration as the 47th President of the United States. 

Following this news, WLFI’s official Twitter account also posted on Monday that it will strategically purchase $4.7 million Aave, Link, Tron, and ENA each for its portfolio. WLFI has already purchased these tokens earlier in December. Currently, the WLFI wallet holds $355 million worth of cryptos in its portfolio.

Moreover, during the same day, WLFI announced that it had surpassed its target of 20% sales of the token supply and decided to open an additional 5% block due to the massive demand and overwhelming interest among investors.

Author

Manish Chhetri

Manish Chhetri is a crypto specialist with over four years of experience in the cryptocurrency industry.

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