Donald Trump

World

Liberty

<p><a href="https://coinpedia.org/crypto-live-news/world-liberty-financial-wlfi-spends-12-million-on-eth-aave-link/" target="_blank" rel="noreferrer noopener">World Liberty Financial</a> (WLFI) is preparing to launch its core products in secondary markets, drawing significant investor attention. Backed by President-elect Donald Trump, this <a href="https://coinpedia.org/beginners-guide/what-is-web-3-0/" target="_blank" rel="noreferrer noopener">Web3 platform</a> aims to disrupt traditional banking by utilizing <a href="https://coinpedia.org/beginners-guide/what-is-blockchain/" target="_blank" rel="noreferrer noopener">blockchain technology</a>.</p>   
<p>But what makes this project so unique, and why are investors flocking to it? Let’s delve into the details.</p>   
<h2 class="wp-block-heading" id="justin-sun-s-30-million-investment-in-wlfi">Justin Sun’s $30 Million Investment in WLFI</h2>   
<p>In a major endorsement, <a href="https://coinpedia.org/price-prediction/trx-tron-price-prediction/" target="_blank" rel="noreferrer noopener">Tron (TRX) network</a> founder Justin Sun recently <a href="https://coinpedia.org/news/donald-trump-backed-world-liberty-financial-protocol-receives-largest-wlfi-investment-from-tron-dao/" target="_blank" rel="noreferrer noopener">invested $30 million in World Liberty Financial</a>, becoming its largest investor. This support has boosted WLFI’s reputation as it continues its public token sale. So far, about 4.45 billion WLFI tokens have been sold at $0.015 each, with 15.4 billion tokens still available for purchase.</p>   
<h2 class="wp-block-heading" id="h-world-liberty-financial-s-diversified-crypto-portfolio-nbsp">World Liberty Financial’s Diversified Crypto Portfolio&nbsp;</h2>   
<p>Ahead of the planned launch of its Aave v3 instance on the Ethereum Mainnet, World Liberty Financial has been making calculated moves to bolster liquidity. On-chain data shows that the platform has accumulated over $75 million in digital assets, primarily in Ethereum (ETH).</p>   
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
   https://twitter.com/lookonchain/status/1867387951296262388?s=46 
 </div>
</figure>   
<p>Since November 30, 2024, the firm has spent $30 million USDC to acquire 8,105 ETH at an average price of $3,701. Additionally, $10 million USDC was used to purchase 103 Coinbase-backed cbBTC, further diversifying its asset base.</p>   
<p>World Liberty Financial is also investing in <a href="https://coinpedia.org/glossary/defi/" target="_blank" rel="noreferrer noopener">decentralized finance</a> (DeFi). It has allocated $2 million USDC to buy 78,387 Chainlink (LINK) tokens and $1.25 million USDC to acquire 4,043 AAVE tokens.</p>   [post_titles_links postid="392658"]   
<h2 class="wp-block-heading" id="h-market-impact">Market Impact</h2>   
<p>World Liberty Financial’s support has positively impacted the market. <a href="https://coinpedia.org/price-prediction/chainlink-price-prediction/" target="_blank" rel="noreferrer noopener">Chainlink (LINK) saw a price increase</a> of over 10%, trading around $30 during the early Asian session on Friday.</p>   
<p>Similarly, <a href="https://coinpedia.org/price-prediction/aave-price-prediction/" target="_blank" rel="noreferrer noopener">AAVE’s price</a> rose by more than 10% in the past 24 hours, exceeding $379. With a fully diluted valuation of approximately $6 billion and daily trading volumes averaging $3 billion, AAVE is on track to challenge its all-time high during the current altcoin season.</p>   [article_inside_subscriber_shortcode title="Never Miss a Beat in the Crypto World!" description="Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more." category_name="News" category_id="6"]   
<p><strong>With high-profile backing and strategic investments in leading crypto projects, WLFI is well-positioned to drive innovation. Exciting times ahead!</strong></p>

Donald Trump’s World Liberty Financial Adds $1M LINK and $246K AAVE

Table of Contents

CoinPedia News

Other articles published on Dec 13, 2024

Shiba Inu (SHIB) Enters the Spotlight, But Lightchain AI Pushes the Envelope in Blockchain

Miss XRP Price Explosion and TRX’s Ascent to ATH? This New Alternative Are Set to Explode

3 Best Cryptocurrencies Below $10 to Invest In Right Now

Bank of England Demands Firms to Disclose Crypto Asset Exposure by March 2025

21Shares Introduces Four New ETPs for Pyth, Ondo, Render, and Near

Ethereum’s Gas Fees Surge as DeFi Activity Fuels Blockchain Use

Join our free newsletter for daily crypto updates!