TL;DR
- World Liberty Financial spent $6.4 million on crypto assets, purchasing MOVE and Wrapped Bitcoin (WBTC), solidifying its influence in the crypto space.
- The Trump-backed DeFi project has also invested in ETH staking and deposits into the Aave lending protocol, aiming to diversify its strategy.
- This move reflects World Liberty’s approach to diversify its crypto portfolio, expanding its presence in DeFi and seeking sustainable opportunities in the financial ecosystem.
World Liberty Financial, the DeFi project backed by Donald Trump, has taken a significant and bold step into the world of cryptocurrencies by spending $6.4 million on digital assets. According to data from Nansen, the company used its USDC reserves to acquire 2.52 million MOVE tokens, valued at $1.4 million, and 52 Wrapped Bitcoin (WBTC), with a $5 million investment. MOVE, the native token of Movement Labs, has been gaining traction in the DeFi sector, while Wrapped Bitcoin continues to be one of the most popular bets among investors due to its stability and trust within the crypto ecosystem.
In addition to these acquisitions, World Liberty Financial has made other notable investments in the thriving crypto ecosystem. The project has staked 2,221 ETH, which is approximately $5.9 million, through Lido Finance, a popular Ethereum staking protocol. This move further strengthens their commitment to the Ethereum network and long-term vision within DeFi, further solidifying their diversified strategy. Additionally, a significant sum of 5 million USDC was deposited into Aave, a decentralized lending protocol, signaling their interest in decentralized finance beyond just token investments. World Liberty has demonstrated a consistent commitment to the most prominent DeFi platforms, contributing to a strong and high-performance expansion, positioning itself as a serious player in the space.
A Pro-Crypto Vision for Diversification and Risk Mitigation
Since November 2024, World Liberty Financial has accumulated over $315 million in crypto assets, underscoring its strategy of diversification and strengthening its portfolio. Among its acquisitions, 63,030 ETH were bought at an average price of $3,331, and 699 Wrapped BTC were purchased at $105,197 each. The project has also made significant purchases of other tokens like TRX, LINK, AAVE, and ENA. This diversified approach to crypto assets reflects a strategic vision designed to mitigate risks and ensure long-term stability, seeking not only growth but also resilience during market volatility.
Lastly, World Liberty has announced its strategic token reserve, named Macro Strategy. This fund aims to act as a “robust financial backbone” for the project, with plans to partner with traditional financial institutions to incorporate tokenized assets.
