World Liberty Financial Boosts Ether Holdings as Crypto Market Falls

2 mins mins

Key Points:

The DeFi project is linked to Donald Trump’s family, which acquired approximately $55 million in Ether after a market dip.
While World Liberty Financial denies selling tokens, its crypto activities and association with the Trump family continue to attract the market.

World Liberty Financial, a decentralized finance project associated with Donald Trump’s family, has reportedly increased its Ether holdings by tens of millions of dollars following a sharp downturn in cryptocurrency markets over the weekend.

World Liberty Financial Expands Ether Holdings Amid Market Dip

The market turbulence coincided with a brief imposition of tariffs on Mexico and Canada by the U.S. president.

On Monday, Eric Trump, the former president’s son, took to the social media platform X to express optimism about Ethereum, saying, “In my opinion, it’s a great time to add $ETH. You can thank me later.” The post was later edited to remove the second sentence.

Since its launch in October, World Liberty Financial has drawn scrutiny over potential conflicts of interest, given the Trump family’s influence and regulatory considerations.

Market analysts note that any suggestion of guaranteed returns, such as Eric Trump’s initial post, could attract attention from regulators like the U.S. Securities and Exchange Commission (SEC), which often evaluates whether such statements imply an asset should be classified as a security.

Speculation Grows Over World Liberty’s Crypto Transactions

Blockchain data from analytics firm Nansen indicates that on Monday, World Liberty’s digital wallets recorded a net inflow of approximately 21,177 Ether, valued at around $55 million. This sum includes both direct acquisitions and the conversion of Ether derivatives. Between January 18 and February 1, the firm’s wallets reportedly accumulated around $340 million in Ether before transferring the funds to Coinbase Prime.

Crypto-related endorsements from public figures are common, with past high-profile promotions, including those by celebrities like Kim Kardashian, drawing regulatory scrutiny. World Liberty, which markets itself as a DeFi lending platform, has yet to become fully operational but remains a focal point of discussion due to its cryptocurrency acquisitions and investments.

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