January 21, 2025

at

12:00 am

EST

(Updated:

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MIN READ

WLF Acquires $47M BTC + ETH To Celebrate Trump's Inauguration

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    World Liberty Finance entity on Arkham
    World Liberty Finance entity on Arkham

    As a celebration for his inauguration as the 47th president of the United States, Donald Trump’s World Liberty Finance project has acquired $47M Wrapped Bitcoin and Ethereum, as well as $4.7M each of Aave (AAVE), Chainlink (LINK), Ethena (ENA), and Tron (TRX). The streak of purchases increases the stakes held by World Liberty Finance, adding to their initial purchases of $1M in AAVE and LINK, and $500K in ENA, a month earlier.

    Some of World Liberty Finance’s purchases of ENA, LINK and AAVE
    Some of World Liberty Finance’s purchases of ENA, LINK and AAVE

    Ethereum has underperformed Bitcoin and Solana for most of the current cycle, with many newer users choosing the cheaper and faster Solana blockchain. With the recent purchases, many investors have found a renewed spark of hope for the Ethereum DeFi space, especially considering the attention brought to Solana after the success of the official TRUMP memecoin

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