Trump Family’s World Liberty Financial Expands Ether Holdings by 10 Million Dollars

World Liberty Financial, linked to the Trump family, has purchased an additional $10 million in Ether, raising its total holdings to 66,239 ETH, valued at $225 million. This follows a series of significant crypto acquisitions, including Wrapped Bitcoin and Chainlink, as the platform expands its financial services. Despite the buying spree, the Ethereum community is facing leadership debates, and ETH’s performance has been lackluster this January, with hopes for improvement in the coming months.

about Trump Family's World Liberty Financial Expands Ether Holdings by 10 Million Dollars

Trump-Linked DeFi Platform World Liberty Financial Acquires 100 Million in Crypto

World Liberty Financial (WLF), a DeFi platform linked to Donald Trump, made headlines by purchasing over $100 million in cryptocurrency on Inauguration Day, including significant amounts of Ether and wrapped Bitcoin. The platform’s total holdings reached $326.2 million, with notable acquisitions of smaller tokens and the launch of Trump-branded memecoins. The Trump family’s involvement has sparked both interest and debate within the cryptocurrency community regarding the intersection of politics and digital finance.

about Trump-Linked DeFi Platform World Liberty Financial Acquires 100 Million in Crypto

Ethereum Foundation transfers 50000 ETH to new multisig wallet for DeFi plans

The Ethereum Foundation has transferred 50,000 ETH to a new 3-of-5 multisig wallet to engage in the decentralized finance (DeFi) ecosystem, utilizing the Aave protocol for the test transfer. This move follows Vitalik Buterin’s comments on exploring staking options to avoid further ETH sales amid criticism of the foundation’s offloading of its holdings. In a related development, the World Liberty Financial (WLFI) project, linked to Donald Trump, invested $100 billion in various cryptocurrencies, including $47 million in Ethereum, coinciding with the momentum of WLFI token sales ahead of Trump’s inauguration.

about Ethereum Foundation transfers 50000 ETH to new multisig wallet for DeFi plans