
Trump-Linked DeFi Platform WLFI Splashes Millions on Crypto Hours Before Inauguration
World Liberty Financial (WLFI), a decentralized finance platform tied to Donald Trump and his family, made a series of high-value cryptocurrency purchases on Monday, just hours before Trump’s inauguration ceremony.
Blockchain data from Arkham Intelligence shows WLFI’s wallet spent over $47 million on wrapped bitcoin (WBTC), $47 million on Ethereum (ETH), $4.4 million on AAVE, and $4.5 million on Tron (TRX). The wallet also bought $4.5 million of Ethena’s ENA and $5.5 million of Chainlink (LINK) through multiple transactions on the decentralized exchange CoW Protocol.
Governance Token Sales Surge
These acquisitions come amid a sharp rise in demand for WLFI’s governance token. Initially struggling after its October launch, the token has recently gained significant traction. As of Monday morning, over 21.7 billion WLFI tokens—worth $1.08 billion—had been sold, representing more than 85% of the token’s total supply of 25 billion, according to the platform’s website.
Trump Family’s Role at WLFI
World Liberty Financial is led by DeFi veterans Zachary Folkman and Chase Herro, previously involved in Dough Finance, a platform that faced a $2 million exploit last year. The Trump family’s involvement in WLFI has been a significant driver of attention and sales.
Donald Trump holds the title of “Chief Crypto Advocate” for the platform, while Eric Trump and Donald Trump Jr. are listed as “Web3 Ambassadors.” Barron Trump is described as WLFI’s “DeFi Visionary,” with all family members playing active roles in promoting the project to a wider audience.
Pre-Inauguration Strategy
The timing of WLFI’s crypto purchases suggests a strategic effort to build momentum and enhance the platform’s market position before Trump’s return to the White House. By acquiring well-known assets such as WBTC, ETH, and LINK, WLFI is positioning itself as a major contender in the DeFi ecosystem.
With Trump’s inauguration bringing increased visibility to WLFI, the platform’s next moves will be watched closely as it seeks to establish itself in the competitive world of decentralized finance.
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