LINK and AAVE Rally 30% as World Liberty Financial Makes $2M Token Move

Trump-Family-Led DeFi Project Sparks Crypto Surge With $12M Token Purchases

Crypto prices soared Thursday following large token buys from wallets connected to World Liberty Financial (WLFI), a decentralized finance (DeFi) platform backed by the Trump family.

World Liberty Financial is a comprehensive platform offering cryptocurrency lending, borrowing, liquidity pools, and stablecoin transactions. The platform’s governance token, WLFI, is used to facilitate decisions regarding the ecosystem’s growth.

The project counts President-elect Donald Trump as its “chief crypto advocate,” with his sons Eric and Donald Trump Jr. serving as “web3 ambassadors” and Barron Trump holding the title of “DeFi visionary.”

Token Buys Trigger Market Rally

Early Thursday, World Liberty Financial’s wallets purchased $10 million in ether (ETH), $1 million in AAVE, and $1 million in Chainlink’s LINK tokens. The token buys had an immediate impact, with ETH rising 7%, while AAVE and LINK surged by 30%.

WLFI’s purchases are part of a larger crypto strategy, with $30 million already spent over the past two weeks to acquire 8,105 ETH at an average price of $3,700. According to Spot on Chain, the buys show the project’s commitment to securing vital assets for future growth.

Crypto influencer @TheFlowHorse speculated that these acquisitions were part of a broader long-term plan to benefit from upcoming developments in the DeFi space. “The Trump family’s platform is building a solid base of assets to boost its standing in the crypto ecosystem,” he noted.

Stronger Integration with Chainlink

Chainlink’s technology plays a crucial role in WLFI’s operations by providing essential pricing data and cross-chain interoperability. The recent $1 million LINK purchase strengthens the growing relationship between the two platforms.

Zach Rynes, a Chainlink community liaison, shared, “WLFI’s adoption of Chainlink’s infrastructure earlier this year, coupled with this purchase, reinforces the long-term vision of scaling DeFi and positioning both projects for tremendous growth with the changing regulatory landscape.”

Aave Proposal Gains Traction

WLFI’s recent proposal to deploy an Aave v3 instance has garnered significant support, reaching quorum ahead of its December 13 vote. The platform plans to release the Aave instance on Ethereum, providing enhanced DeFi services for users while sharing revenue with liquidity providers.

The vote’s approval marks a significant step forward in WLFI’s mission to increase user engagement and offer more value within the DeFi ecosystem.

With its bold token purchases, strategic partnerships, and progressive proposals, World Liberty Financial is positioning itself to play a major role in shaping the future of decentralized finance.