World Liberty Financial Expands Crypto Portfolio with $25M Purchase
Ahead of the White House Crypto Summit, World Liberty Financial—a decentralized finance (DeFi) venture with ties to Donald Trump and his family—has significantly increased its cryptocurrency holdings, according to on-chain data analysis.
Stay in the know on crypto by frequently visiting Crypto News Today
On Thursday, blockchain analytics firm Nansen reported that World Liberty Financial made a $25 million crypto acquisition, adding $10 million in ether (ETH), $10 million in Wrapped Bitcoin (WBTC), and $1.5 million worth of MOVE, the native token of the Movement Network blockchain ecosystem.
“Hours ago, Trump’s project World Liberty Financial made a $25 million crypto play, with $10 million in ETH, $10 million in WBTC, and $1.5 million in MOVE—more to come?” Nansen posted on X.
Additionally, data from Arkham Intelligence revealed that World Liberty Financial’s Ethereum holdings surged from approximately 2,200 ETH on Monday to over 7,000 ETH by Thursday, marking a significant increase in its on-chain activity.
CryptoCaster Quick Check:
Strategic Timing Before White House Crypto Summit
The timing of these acquisitions raises speculation, as they come just days before the White House Crypto Summit, where President Trump is expected to meet with key cryptocurrency industry leaders. The summit will focus on crypto regulation, institutional adoption, and the potential formation of a U.S. strategic crypto reserve.
With World Liberty Financial’s recent investments and its alignment with Trump’s pro-crypto stance, analysts believe these moves could signal a broader push for blockchain integration in U.S. financial policy. As regulatory discussions unfold, all eyes remain on the Trump-affiliated DeFi venture and its next moves in the digital asset space.
We hope you found this article insightful. Before you go, please consider supporting CryptoCaster’s independent journalism.
In the world of media owned by billionaires like Elon Musk, Larry Fink (BlackRock), and Jamie Dimon (JP Morgan Chase), influence over narratives surrounding cryptocurrency and Web3 often reflects their interests. CryptoCaster is different. With no billionaire backers or shareholder obligations, we are committed solely to public interest journalism, covering crypto advancements and institutional changes without profit-driven motives.
Unlike much of mainstream media, which can fall into neutrality traps that obscure the real impacts on retail investors, we’re guided by transparency and integrity. We are unafraid to take a stand in the ongoing struggle against fiat banking dominance and in support of the monetary innovation driven by crypto and Web3. Reporting on issues like FTX, Binance, and Ripple, we bring a bold, unfiltered outsider’s view on global financial disruption—free from the constraints of traditional media narratives.
CryptoCaster remains paywall-free, accessible to everyone, thanks to the support of readers like you. Your contributions keep us independent and help ensure that critical information on the crypto landscape reaches all. If you value our work, please consider supporting us with a one-time contribution starting at just $1 in Bitcoin or Ether, or even monthly if you’re able. Scroll down to find our wallet addresses and help keep CryptoCaster independent and thriving.
Thank you for your support,
Kristin Steinbeck
Editor, CryptoCaster
Please Read Essential Disclaimer Information Here.
© 2024 Crypto Caster provides information. CryptoCaster.world does not provide investment advice. Do your research before taking a market position on the purchase of cryptocurrency and other asset classes. Past performance of any asset is not indicative of future results. All rights reserved.
Contribute to CryptoCaster℠ Via Metamask or favorite wallet. Send Coin/Token to Addresses Provided Below.
Thank you!
BTC – bc1qgdnd752esyl4jv6nhz3ypuzwa6wav9wuzaeg9g
ETH – 0x7D8D76E60bFF59c5295Aa1b39D651f6735D6413D
CRYPTOCASTER HEATMAP