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Trump-Backed World Liberty Financial Snaps Up $21.5M in WBTC, ETH, MOVE
The WLFI purchases come days ahead of a White House Crypto Summit scheduled on Mar. 7.
Updated Mar 6, 2025, 9:25 a.m. Published Mar 6, 2025, 7:26 a.m.
What to know:
World Liberty Financial (WLFI), the decentralized finance (DeFi) venture tied to U.S. President Donald Trump and his family, added over $21.5 million worth of ether (ETH), wrapped bitcoin (WBTC), and MOVE tokens to its treasury on Wednesday, data shows.
WLFI acquired 4,468 ETH at roughly $2,238 each (totaling $10 million), 110.6 WBTC at $90,415 (another $10 million), and 3.42 million MOVE tokens at $0.438 apiece ($1.5 million).
The WLFI purchases, where Trump and his sons hold ambassadorial roles, come days ahead of a White House Crypto Summit scheduled on Mar. 7, where the President is set to meet with several high-profile crypto founders.
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