Trump’s World Liberty Financial (WLF) made another crypto purchase shortly after Donald Trump was sworn in as the 47th President of the United States.
Blockchain analytics firm Arkham Intelligence Insights also identified the transactions in an article on “At the time he was sworn in, Trump’s project, World Liberty FI, purchased $4.7 million worth of Bitcoin,” Arkham said.
President Trump and his crypto team, through World Liberty Financial (WLFI), have acquired significant amounts of major cryptocurrencies through a decentralized platform. According to Arkham Intelligence, WLFI purchased approximately $47 million worth of Ethereum, $4.4 million worth of Aave, and $4.5 million worth of Tron. Additionally, they purchased $47 million in Wrapped Bitcoin (WBTC), $5.5 million in Chainlink, and $4.5 million in Ethena Labs tokens.
The purchases sparked interest after Eric Trump teased upcoming investments, amid ongoing crypto controversies linked to the Trump family.
Currently, BTC has recovered to trade around $104,000, reflecting the ongoing uncertainty and volatility in digital assets. As the new administration settles in, the crypto community awaits clarity on potential regulatory measures that could impact the future of the sector.
