Trump-backed World Liberty buys $70M in ETH, TRX, LINK, AAVE, and ENA

Key Takeaways

• World Liberty Financial acquired over $70 million in crypto assets, boosting its portfolio to $325 million.
• The platform sold 20% of its token supply and opened an additional block of 5% at $0.05 following high demand.

World Liberty Financial, backed by President-elect Donald Trump, acquired over $70 million in crypto assets during a three-day buying spree, according to on-chain data from Arkham Intelligence.

The platform purchased 1,555 ETH on Saturday, followed by 6,040 ETH hours later.

By Monday, World Liberty Financial added several instances of $4.7 million in TRX, LINK, AAVE, and WBTC, along with $2.3 million in Ethena (ENA) tokens and $9.4 million in additional ETH, according to Arkham Intelligence data.

These purchases brought the platform’s total holdings to $325 million.

The platform’s ETH accumulation began months earlier, with its portfolio now containing over 55,000 ETH valued at $180 million, Arkham Intelligence data shows.

Eric Trump, who serves as a web3 ambassador for World Liberty Financial, hinted at upcoming developments on X.

“Wait until you see what they do tomorrow,” he posted on Sunday.

Following widespread attention on the platform’s substantial purchases of millions of dollars in ETH, the initial token sale quickly closed.

On January 19, World Liberty Financial announced on X that it had sold 20% of its token supply.

To meet continued demand, the platform opened an additional block of 5% of the token supply at a new price of $0.05, up from the initial $0.015.