World Liberty Financial (WLF), a crypto venture linked to Donald Trump, has significantly increased its cryptocurrency investments. Since November 30, WLF has acquired Ethereum (ETH) worth $30 million and cbBTC valued at $10 million, bringing its total purchases to $44.75 million.
Blockchain analytics firm Lookonchain revealed additional acquisitions:
- $2 million in Chainlink (LINK),
- $2 million in Aave (AAVE),
- $500,000 in ENA,
- $250,000 in ONDO.
In an earlier report, WLF had already spent $12 million on ETH, LINK, and AAVE, signaling its strategic focus on decentralized finance (DeFi) tokens. Analysts like Nikolai Sondergaard from Nansen suggest this aggressive buying may aim to “build trust and propel the project forward.”
WLF’s DeFi Expansion and Aave Collaboration
WLF has ambitious plans to integrate with the Aave protocol. A recent proposal approved by AaveDAO paves the way for WLF to deploy a fork of Aave, enabling borrowing and lending in ETH, WBTC, USDC, and USDT. In return, WLF will contribute:
- 20% of platform fees to AaveDAO,
- 7% of WLFI token issuance worth $21 million (at a token price of $0.0015).
Future Outlook and Token Sale
The organization has yet to deploy the full $300 million allocated for WLFI token sales, with less than a quarter currently utilized. The Trump-linked group DT Marks DEFI expects to secure 75% of WLF’s net profits, further entrenching its influence over the platform’s financial future.
Final Thoughts
WLF’s increasing crypto activity aligns with its broader DeFi ambitions, potentially signaling confidence in Ethereum and DeFi-based tokens. However, investors should closely watch WLF’s ability to deliver on its promises as the token sale continues.
This article is for informational purposes only and does not constitute investment advice. Always conduct your own research before making any financial decisions.
