As Altcoin Accumulation Ramps Up, Trump-Linked Crypto Fund Buys $775K Worth of SEI

World Liberty Financial, the crypto project associated with the Trump family, has added $775,000 worth of SEI tokens to its expanding altcoin portfolio, reinforcing its continued focus on diversifying digital asset holdings.

The purchase, which was funded by a USDC transfer from the project’s main wallet to its trading wallet, was flagged by Arkham Intelligence, marking another step in the firm’s altcoin accumulation strategy. The wallet has previously been used for a series of similar acquisitions.

In addition to prominent cryptocurrencies like bitcoin (BTC) and ether (ETH), World Liberty Financial now holds a mix of altcoins, including TRX, MOVE, ONDO, and others.

This move follows recent speculation about the project’s ether holdings. World Liberty Financial swiftly denied rumors that it had sold around $8 million worth of ETH, asserting its commitment to its long-term investment strategy.

The SEI token reacted positively to the news, jumping over 27% in the last week to trade at $0.178 per token.