WLFI Expands Crypto Holdings Ahead of White House Summit
Key Points:
- World Liberty Financial (WLFI), a DeFi firm with ties to President Trump, has acquired $21.5 million in crypto.
- The firm purchased ETH, WBTC, and MOVE tokens, increasing its treasury reserves.
- The move comes just days before the March 7 White House Crypto Summit.
World Liberty Financial (WLFI), a decentralized finance (DeFi) entity affiliated with U.S. President Donald Trump and his family, bolstered its crypto treasury with a $21.5 million acquisition of major digital assets, on-chain data reveals.
The firm purchased 4,468 ETH at an average price of $2,238 each (totaling $10 million), 110.6 WBTC at $90,415 per token (another $10 million), and 3.42 million MOVE tokens at $0.438 apiece ($1.5 million).
This strategic investment aligns with WLFI’s growing influence in the crypto space, where both Trump and his sons serve as ambassadors. The purchases come just ahead of the highly anticipated White House Crypto Summit on March 7, where President Trump is set to engage with top industry leaders.
