US President Donald Trump’s World Liberty Financial announced another investment round this week to further build its crypto portfolio. According to the data on the chain, World freedom economic Drew back 10 million USDC from its Coinbase account to buy 200 million WLFI tokens and another $ 12,000 to buy 547,990 SEI tokens, with an average price of $ 0.228.
Both transactions were registered on February 20, reported by the Onchain lens. The crypto company’s latest transaction coincided with the publication of its macro strategy on February 12.
A multi -handed wallet created by #TrumpS World Liberty Finance (@worldlibertyfi) have withdrawn $ 10 million $ USDC from #Coinbase to buy 200 m $ WLFI.
They also spent $ 125,000 $ USDC to buy 547 990 $ at an average price of $ 0.228.
Multis wallet: 0x64bcb62afee4712BBB6ECF7673E3CFE6E2E133E8 … pic.twitter.com/w4luz8niur
– Onchain Lens (@onchainlens) February 20, 2025
Trump Family’s Foray in Crypto continues
World Liberty Financial is a crypto and defi project supported by US president and some family members, including Donald Trump jr., Eric Trump and Barron Trump. It aims to strengthen the American dollar position in the very competitive Defi space.
According to the company’s register, Trump and his employees control 60% of WLF, which assigns them 75% control over the company’s income and access to 22.5 billion tokens. Trump’s family also owns most of Trump media & Technology Group, which recently announced its transition to Crypto after starting financial services.
WLF’s macro strategy – what we know so far
Last February, Trump’s crypto company announced the creation of the macro strategy, a strategic token reserve aimed at increasing its competitiveness in Defi. In a Twitter/X post, WLF shared that this new project aims to improve stability, promote growth, build trust and promote strategic partnerships with financial institutions.
WLF recently received a boost from Tron’s Justin Sunwhich invested at least $ 75 million in his native token, making him one of the most prominent investors. However, Sun’s entry into the company was criticized because of his alleged links to illegal financial activities. Apart from Sun’s investment, WLF has offered various offers to its investors, making it one of the largest crypto launches to date.
WLF continues to increase the holdings, as the criticism begins to seep in
WLF continues its expansion In the crypto market thanks to Trump’s support and entry by Sun. According to a bitmart research report, from February 9, the company has sold tokens of $ 455 million. Trump’s crypto project generated $ 319 million from selling its $ 21.3 billion to $ 0.015 each. And for its second sales round, the company earned an additional $ 136 million.
However, WLF remains at the center of controversy because of its connections to the Trump family. According to some critics, Trump’s crypto project is self -service and only benefits the president’s closest family members and allies.
Image from ClutchPoints, charts from TradingView
