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World Liberty Financial ($WLFI), the investment firm linked to former U.S. President Donald Trump, has made headlines with its latest cryptocurrency acquisition. On January 28, the firm executed a Time-Weighted Average Price (TWAP) strategy to purchase $4.7 million worth of $MOVE tokens. This marks $WLFI’s growing interest in diversifying its portfolio despite recent setbacks in Trump’s crypto holdings.
Donald Trump’s $WLFI Makes Major Crypto Purchase
Currently, $WLFI’s asset portfolio boasts significant allocations in Ethereum ($ETH) and Wrapped Bitcoin (WBTC), valued at $188 million and $66 million, respectively. The firm also holds $61 million in staked $ETH (stETH), $37 million in $USDC, and smaller stakes in assets like Tron ($TRX), Chainlink ($LINK), and Aave ($AAVE). With $MOVE now added to the mix, $WLFI’s strategic pivot indicates a calculated attempt to stabilize its holdings amid volatile market conditions.
ALERT: WORLD LIBERTY FI TWAP BUYING $4.7 MILLION $MOVE
CURRENT ASSET HOLDINGS:
$188M $ETH
$66M WBTC
$61M STETH
$37M $USDC
$11M USDT
$10M $TRX
$6M $LINK
$6M $AAVE
$4M ENA pic.twitter.com/1atDAFvs0X— Arkham (@arkham) January 28, 2025
This move comes at a turbulent time for Trump’s crypto empire. Over the past week, the official Trump memecoin, launched on January 17, has seen a dramatic decline of over 64% from its all-time high recorded three days after launch. The memecoin, which briefly elevated Trump’s crypto wealth to $55 billion, has since caused a staggering $30 billion loss, leaving his net crypto fortune at $20 billion.
Despite the challenges, $WLFI’s acquisition of $MOVE tokens signals confidence in the asset’s long-term potential. $MOVE, known for its utility in decentralized finance (DeFi), has gained traction as a promising asset within the blockchain space.
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