Donald Trump’s World Liberty Financial Adds $1M LINK and $246K AAVE
The World Free Finance (WLFI) protocol has attracted significant investment recently as it prepares to launch its core products on the secondary market. The Web3 platform, backed by President-elect Donald Trump, intends to disrupt the traditional banking industry by leveraging existing blockchain rails.
In the middle of last month, Tron (TRX) network founder Justin Sun announced an investment of US$30 million in World Liberty Financial, becoming the largest investor. Currently, World Liberty Financial has sold approximately 4.45 billion WLFI tokens at a price of approximately $0.015, so the remaining 15.4 billion tokens will be sold in the ongoing public sale.
World Liberty Financial’s Diversified Cryptocurrency Portfolio
As the World Liberty Financial Aave v3 instance on the Ethereum mainnet prepares to launch in the near future, the team has taken strategic steps to increase its liquidity. According to on-chain data analysis, World Liberty Financial has accumulated more than $75 million worth of digital assets, the majority of which is Ethereum (ETH).
Since November 30, 2024, World Liberty Financial has spent 30 million USDC to purchase 8,105 ETH at an average price of $3,701. The company also spent 10 million USDC to purchase 103 Coinbase-backed cbBTC.
In the DeFi field, World Liberty Financial spent 2 million USDC to purchase 78,387 Chainlink (LINK). In addition, World Liberty Financial also spent 1.25 million USDC to purchase 4,043 AAVE.
market impact
The potential value of Chainlink and AAVE crypto projects has surged recently following World Liberty Financial’s strong support for them. LINK prices surged more than 10% during early Asian trading on Friday, trading around $30, according to the latest market data.
Likewise, at the time of writing, the price of AAVE has surged over 10% in the past 24 hours, trading above $379. This mid-cap altcoin, which has a fully diluted valuation of around $6 billion and average daily trading volume of around $3 billion, is aiming to retest its all-time highs in the ongoing altcoin season.
