{"id":19568,"date":"2024-12-16T13:49:53","date_gmt":"2024-12-16T11:49:53","guid":{"rendered":"https:\/\/forklog.com\/en\/trump-linked-projects-cryptocurrency-purchases-reach-74-million\/"},"modified":"2024-12-16T13:49:53","modified_gmt":"2024-12-16T11:49:53","slug":"trump-linked-projects-cryptocurrency-purchases-reach-74-million","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/trump-linked-projects-cryptocurrency-purchases-reach-74-million\/","title":{"rendered":"Trump-Linked Project&#8217;s Cryptocurrency Purchases Reach $74 Million"},"content":{"rendered":"<p>Since November 30, the Donald Trump-associated project World Liberty Financial (WLF) has acquired $30 million in Ethereum and $10 million in cbBTC. The total expenditure on digital assets has reached $74 million.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Trump&#8217;s World Liberty(<a href=\"https:\/\/twitter.com\/worldlibertyfi?ref_src=twsrc%5Etfw\">@worldlibertyfi<\/a>) spent 250K <a href=\"https:\/\/twitter.com\/search?q=%24USDC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$USDC<\/a> to buy 134,216 <a href=\"https:\/\/twitter.com\/search?q=%24ONDO&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ONDO<\/a> 2 hours ago.<\/p>\n<p>Since Nov 30, <a href=\"https:\/\/twitter.com\/hashtag\/WorldLiberty?src=hash&#038;ref_src=twsrc%5Etfw\">#WorldLiberty<\/a> has spent:<\/p>\n<p>30M <a href=\"https:\/\/twitter.com\/search?q=%24USDC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$USDC<\/a> to buy 8,105 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a> at $3,701;<br \/>10M <a href=\"https:\/\/twitter.com\/search?q=%24USDC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$USDC<\/a> to buy 103 <a href=\"https:\/\/twitter.com\/search?q=%24cbBTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$cbBTC<\/a> at $97,181;<br \/>2M <a href=\"https:\/\/twitter.com\/search?q=%24USDC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$USDC<\/a> to buy 78,387 <a href=\"https:\/\/twitter.com\/search?q=%24LINK&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$LINK<\/a> at $25.5;<br \/>2M <a href=\"https:\/\/twitter.com\/search?q=%24USDC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$USDC<\/a> to buy 6,137 <a href=\"https:\/\/twitter.com\/search?q=%24AAVE&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$AAVE<\/a> at\u2026 <a href=\"https:\/\/t.co\/0EVPCgMdMW\">pic.twitter.com\/0EVPCgMdMW<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1868460418114744779?ref_src=twsrc%5Etfw\">December 16, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to Lookonchain, the project has also added to its balance:<\/p>\n<ul class=\"wp-block-list\">\n<li>LINK \u2014 $2 million;<\/li>\n<li>AAVE \u2014 $2 million;<\/li>\n<li>ENA \u2014 $500,000;<\/li>\n<li>ONDO \u2014 $250,000.<\/li>\n<\/ul>\n<p>On December 12, ForkLog reported the project&#8217;s purchase of ETH, LINK, and AAVE for approximately $12 million.<\/p>\n<div class=\"wp-block-text-wrappers-update-2 article_update\"><time class=\"gtb_text-wrappers_update_time\">December 16, 2024 | 16:42<\/time><span class=\"gtb_text-wrappers_update_head\">Update: <\/span><\/p>\n<p>The service <a href=\"https:\/\/dropstab.com\/p\/world-liberty-financial-holdings-m574rtlqs8\" title=\"\">DropsTab<\/a> has compiled a dashboard with WLF&#8217;s portfolio. According to the platform, the organization holds digital assets totaling nearly $74 million. <\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"485\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-12-16-v-16.40.42-1024x485.png\" alt=\"Snimok-ekrana-2024-12-16-v-16.40.42\" class=\"wp-image-247822\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-12-16-v-16.40.42-1024x485.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-12-16-v-16.40.42-300x142.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-12-16-v-16.40.42-768x364.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-12-16-v-16.40.42.png 1155w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: DropsTab.<\/figcaption><\/figure>\n<\/div>\n<p>Nansen analyst Nikolai Sondergaard suggested in an interview with <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-12-13\/trump-s-world-liberty-is-buying-niche-tokens-worth-millions-of-dollars\">Bloomberg<\/a> that such activity is driven by &#8220;an attempt to gain additional trust or &#8216;boost the project&#8217;.&#8221;<\/p>\n<p>To date, the team has <a href=\"https:\/\/etherscan.io\/token\/0xda5e1988097297dcdc1f90d4dfe7909e847cbef6#balances\">realized<\/a> less than a quarter of the $300 million in WLFI offered for sale.<\/p>\n<p>On December 13, Aave DAO <a href=\"https:\/\/snapshot.box\/#\/s:worldlibertyfinancial.com\/proposal\/0xce3ff6b195863c2217865ba6f028d2e163d9156a25cb35d923da3a5bc8479483\">approved<\/a> World Liberty&#8217;s proposal to deploy a fork of the protocol.<\/p>\n<p>WLF <a href=\"https:\/\/governance.aave.com\/t\/temp-check-world-liberty-financial-aave-v3-instance-on-ethereum-mainnet-proposal\/19383\">intends<\/a> to enable borrowing and lending in Ethereum, WBTC, USDC, and USDT. The platform will allocate 20% of the fees and 7% of the WLFI issuance, amounting to $21 million at a price of $0.0015, to AaveDAO.<\/p>\n<p>In September, Trump&#8217;s sons introduced World Liberty Financial and announced the upcoming WLFI token sale. By the end of the month, verification was opened on the official website.<\/p>\n<p>Fundraising began in mid-October. <\/p>\n<p>The Trump-associated organization DT Marks DEFI claims 75% of the net income from World Liberty Financial.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Since November 30, the Donald Trump-associated project World Liberty Financial (WLF) has acquired $30 million in Ethereum and $10 million in cbBTC. The total expenditure on digital assets has reached $74 million. Trump&#8217;s World Liberty(@worldlibertyfi) spent 250K $USDC to buy 134,216 $ONDO 2 hours ago. Since Nov 30, #WorldLiberty has spent: 30M $USDC to buy [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":19567,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[20,991,52],"class_list":["post-19568","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-altcoins","tag-donald-trump","tag-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"21","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/19568","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=19568"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/19568\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/19567"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=19568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=19568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=19568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}