{"id":20500,"date":"2025-01-21T14:26:35","date_gmt":"2025-01-21T12:26:35","guid":{"rendered":"https:\/\/forklog.com\/en\/wlfi-invests-nearly-113-million-in-altcoins-to-mark-trumps-inauguration\/"},"modified":"2025-01-21T14:26:35","modified_gmt":"2025-01-21T12:26:35","slug":"wlfi-invests-nearly-113-million-in-altcoins-to-mark-trumps-inauguration","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/wlfi-invests-nearly-113-million-in-altcoins-to-mark-trumps-inauguration\/","title":{"rendered":"WLFI Invests Nearly $113 Million in Altcoins to Mark Trump&#8217;s Inauguration"},"content":{"rendered":"<p>The DeFi project World Liberty Financial (WLFI), associated with U.S. President Donald Trump, acquired cryptocurrencies worth $112.8 million on the first day of his presidency.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">To commemorate the inauguration of Donald J. Trump as the 47th President of the United States, <a href=\"https:\/\/twitter.com\/search?q=%24WLFI&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$WLFI<\/a> is proud to announce the following strategic purchases today:<\/p>\n<p>$47,000,000 ETH<br \/>$47,000,000 wBTC<br \/>$4,700,000 Aave<br \/>$4,700,000 LINK<br \/>$4,700,000 TRX<br \/>$4,700,000 ENA<\/p>\n<p>Excited for the\u2026<\/p>\n<p>\u2014 WLFI (@worldlibertyfi) <a href=\"https:\/\/twitter.com\/worldlibertyfi\/status\/1881457386671464804?ref_src=twsrc%5Etfw\">January 20, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The purchase included:<\/p>\n<ul class=\"wp-block-list\">\n<li>Ethereum (ETH) \u2014 $47 million;\u00a0<\/li>\n<li>Wrapped Bitcoin (WBTC) \u2014 $47 million;<\/li>\n<li>Aave (AAVE) \u2014 $4.7 million;<\/li>\n<li>Chainlink (LINK) \u2014 $4.7 million;<\/li>\n<li>Tron (TRX) \u2014 $4.7 million;<\/li>\n<li>Ethena (ENA) \u2014 $4.7 million.<\/li>\n<\/ul>\n<p>The company explained the investment amounts as a commemoration of Trump&#8217;s inauguration as the 47th president of the country.<\/p>\n<p>On January 20, World Liberty completed the sale of 20% of the total WLFI token supply, amounting to 100 billion coins. According to <a href=\"https:\/\/dune.com\/fergmolina\/world-liberty-financial\">Dune<\/a>, the revenue totaled $300 million.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">We\u2019ve completed our mission and sold 20% of our token supply! Due to massive demand and overwhelming interest, we\u2019ve decided to open up an additional block of 5% of token supply. Please be patient while our team works to relaunch the sale. We\u2019ll share updates here as soon as\u2026<\/p>\n<p>\u2014 WLFI (@worldlibertyfi) <a href=\"https:\/\/twitter.com\/worldlibertyfi\/status\/1881164477262930130?ref_src=twsrc%5Etfw\">January 20, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Citing high investor demand, the project announced an offering of an additional 5% of the WLFI issuance.<\/p>\n<p>According to <a href=\"https:\/\/intel.arkm.com\/explorer\/entity\/worldlibertyfi\">Arkham Intelligence<\/a>, World Liberty&#8217;s cryptocurrency portfolio is valued at approximately $341.2 million. More than half of this amount is accounted for by 58,646 ETH, valued at $192.32 million at the time of writing.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/3-Google-Dokumenty-Google-Chrome.webp\" alt=\"3-Google-Dokumenty-Google-Chrome\" class=\"wp-image-250001\"\/><figcaption class=\"wp-element-caption\">Data: Arkham Intelligence.<\/figcaption><\/figure>\n<p>In September 2024, Trump&#8217;s sons <a href=\"https:\/\/u1f987.com\/en\/news\/trump-family-unveils-world-liberty-financial-token-sale\">introduced<\/a> the DeFi project and announced the upcoming WLFI token sale. At the end of the month, World Liberty <a href=\"https:\/\/u1f987.com\/en\/news\/trump-backed-crypto-project-launches-kyc-for-token-sale\">opened verification<\/a> on the official website. Fundraising <a href=\"https:\/\/u1f987.com\/en\/news\/trump-familys-crypto-project-raises-5-million-in-first-hour-of-presale\">began<\/a> in mid-October.<\/p>\n<p>The organization DT Marks DEFI, associated with the current U.S. president, <a href=\"https:\/\/u1f987.com\/en\/news\/trump-family-to-receive-75-of-revenue-from-world-liberty-financial-project\">claims<\/a> 75% of the net income of the crypto company.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The DeFi project World Liberty Financial (WLFI), associated with U.S. President Donald Trump, acquired cryptocurrencies worth $112.8 million on the first day of his presidency. To commemorate the inauguration of Donald J. Trump as the 47th President of the United States, $WLFI is proud to announce the following strategic purchases today: $47,000,000 ETH$47,000,000 wBTC$4,700,000 Aave$4,700,000 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":20499,"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":[1093,991],"class_list":["post-20500","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-defi","tag-donald-trump"],"aioseo_notices":[],"amp_enabled":true,"views":"80","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/20500","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=20500"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/20500\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/20499"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=20500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=20500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=20500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}