December 21, 2024

at

12:00 am

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(Updated:

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WLF Buys the Dip

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    World Liberty Finance on Arkham
    World Liberty Finance on Arkham

    Donald Trump’s DeFi project, World Liberty Finance, continues their buying spree amidst the market bloodbath last night. The project acquired another 759.361 ETH or $2.5M worth through CoW Protocol. These purchases add on to the project’s earlier purchases which includes holdings in major assets and Ethereum DeFi tokens from the week prior. 

    These purchases include $2M in Chainlink (LINK), $1M in Aave (AAVE), $500K in Ethena (ENA) and $250K in Ondo Finance (ONDO). Additionally, the project has also accumulated $10M in WBTC and $56M in ETH so far.

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

    These purchases have provided the DeFi token space with a much needed revival, as many speculators expect a more relaxed regulatory environment under the incoming Trump regime. With World Liberty Finance directly accumulating DeFi tokens, these select tokens are unsurprisingly also seeing strong demand from retail investors as well.

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