World Liberty Financial Bought Nearly $130M Worth of ETH in 7 Days

World Liberty Financial Bought Nearly $130M Worth of ETH in 7 Days

Key Points:

  • World Liberty Financial purchased 3,247 ETH on January 27, 2025, bringing its total Ethereum holdings to 59,265 ETH.
  • Trump’s growing crypto ventures, including a meme coin valued at $5.8 billion, are raising concerns about potential conflicts of interest.

World Liberty Financial, a crypto project backed by former U.S. President Donald Trump, made a significant move in the cryptocurrency market by acquiring $10 million worth of Ethereum (ETH) on January 27, 2025.

Read more: World Liberty Financial Could Receive $10M Investment From Frax With Aim To Expand DeFi   

World Liberty Financial Expands Ethereum Holdings to $185 Million

The purchase, made through the Cow Protocol platform, added 3,247 ETH to the company’s holdings, increasing their total Ethereum stash to 59,265 ETH, valued at approximately $185 million.

This acquisition follows a previous purchase of $47 million in ETH on Trump’s inauguration day. Despite the broader market downturn, where Ethereum’s price dropped close to $3,000 amid a global sell-off triggered by China’s AI app DeepSeek, World Liberty Financial took advantage of the market conditions.

World Liberty Financial’s unique crypto tokens provide holders with voting rights on decisions related to product features and marketing, setting them apart from traditional investments like Bitcoin and Ethereum, which are often used for payments or app development.

Ethics Experts Raise Concerns Over Trump’s Crypto Ventures

The company’s total cryptocurrency assets now exceed $381 million, including holdings in Wrapped Bitcoin, Lido Staked ETH, and USDC. The volatile market also saw notable moves from other companies, including MicroStrategy, which increased its Bitcoin holdings by over $1 billion.

However, Trump’s ventures in the crypto space, which include a meme coin named TRUMP, now valued at $5.8 billion, are sparking concerns among ethics experts. Critics warn of potential conflicts of interest and the risk of undue influence over political decisions, given Trump’s history of monetizing his name for various business ventures.

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