Trump’s World Liberty Financial Multi-Signature Wallet has bought 200 million WLFI tokens after extracting $ 10 million USDC from Binance.
The transaction that took place in early February 18 was reported by on-chain analytics platform on-chain lens. The purchase combines the ongoing activity around WLFI, a controversial crypto project with strong political relations for the Trump family.
According to the latest of Bitmart Research ReportWLFI has raised $ 455 million through the sale of tokens by 9 February 2025. The project has raised $ $ 319 million from the first public sales of 21.3 billion WLFI tokens at a price of $ 0.015, and another $ 136 million each in another round of sales in another round of another round in another round in another round in another round in another round. Price of $ 0.05 per token in another round of another round in another round of sales in another round of second round in another round.
Despite presenting itself as a DEFI borrowing platform, WLFI has not yet offered any DEFI services, so there is no clear utility for its tokens. The project’s target focuses on the manufacture of $ 327 million on-chain and centralized exchange assets instead.
WLFI’s intimate relationships for the Trump family have noticed its asset selection. Market supervisors see tokens like trump-bound tokens as a component of a large plan to benefit from the political power of Trump. In particular, the Trump family controls 75% of the token sales revenue.
Tron (TRX) founder Justin Sun has also developed strong relations with the project and is now the largest institutional investor of WLFI to contribute $ 75 million. The project has allocated $ 63.41 million to sun -related assets such as TRX and wrapped bitcoins (WBTC).
According to the report, WLFI had $ 47.49 million in Stablecoins (before purchase) and has covered a distance of $ 307.4 million in Coinbase Prime to keep it safe. In addition to increasing its risk for real -world assets and DEFI protocols, the project’s investment strategy makes it clear that it focuses on increasing its main property holdings, especially bitcoins (BTCs) and atherium (ETH).
