Key Points:
- World Liberty Financial has acquired significant amounts of LINK, AAVE, and TRX tokens, totalling over $18 million in recent investments.
- The project raised $300 million through a token sale and aims to secure an additional $250 million to enhance its decentralized trading system.
World Liberty Financial, a cryptocurrency project with the backing of relatives of U.S. President-elect Donald Trump, has significantly boosted its position in some digital assets.
Read more: World Liberty Financial Linked to Hacked DeFi Project Dough Finance
World Liberty Financial Expands Crypto Portfolio with Major Purchases of Tokens
On-chain data shows the platform has just bought, through several transactions, 220,000 LINK tokens valued at $5.63 million. Also, World Liberty Finance bought 13,000 AAVE for $4.41 million and 37,267,000 TRX, valued at $8.86 million. These are part of the continuing investment strategy on top of its portfolio.
World Liberty Financial also sold 20% of the total 100 billion WLFI tokens and managed to generate an additional $300 million. The project is set to raise an extra $250 million now as it works its way toward implementing a fully functioning decentralized trading system. Even without offering up the presale to U.S. retail investors, it has inspired significant interest worldwide.
Trump Family Expands Influence in Crypto Market with New Projects
World Liberty Financial has been gaining popular support from key industry players, including Tron founder Justin Sun, who increased his investment to $45 million for an aggregate stake of $75 million. WLFI, the governance token of World Liberty Financial, is expected to play a central role in deciding the future course of its decentralized platform.
World Liberty Financial is growing its network outside its core investments through a partnership with TRUMP, a meme coin affiliated with Donald Trump. Furthermore, Melania Trump, the incoming First Lady, recently launched her own cryptocurrency ahead of her husband’s presidential inauguration.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
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