Trump-Linked WLFI Buys $21.5M in Crypto Ahead of Key White House Event
Key Points:
- World Liberty Financial (WLFI) invests $21.5 million in WBTC, ETH, and MOVE.
- The purchase comes just days before the White House Crypto Summit on March 7.
- Trump and his family maintain close ties to WLFI’s DeFi initiatives.
World Liberty Financial (WLFI), a decentralized finance (DeFi) firm connected to President Donald Trump and his family, made a significant $21.5 million crypto purchase on Wednesday.
On-chain data reveals the firm acquired 4,468 ETH at $2,238 each ($10M), 110.6 WBTC at $90,415 ($10M), and 3.42M MOVE tokens at $0.438 ($1.5M).
The timing is notable, as President Trump is set to host a White House Crypto Summit on March 7, where he will meet with key figures from the industry. The move signals growing institutional interest in digital assets as regulatory conversations gain momentum.
