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Trump's World Liberty buys $25 million of tokens, including Link, Tron, Aave and Ethena

Trump's World Liberty buys $25 million of tokens, including Link, Tron, Aave and Ethena

The BlockThe Block2025/01/19 16:00
By:The Block

Quick Take World Liberty has continued to diversify its assets beyond ether and stablecoins with its most recent purchases. The Tron purchase was not unexpected, given a recent partnership with Tron founder Justin Sun.

Trump's World Liberty buys $25 million of tokens, including Link, Tron, Aave and Ethena image 0

World Liberty, a crypto project affiliated with President-elect Donald Trump, has continued to diversify its treasury holdings away from stablecoins and into more speculative tokens.

The treasury swapped around $24.6 million of the stablecoin USDC for Ether (ETH), Wrapped Bitcoin (WBTC), Tron (TRX), Link (LINK), Aave (AAVE) and Ethena (ENA), according to blockchain data platform Arkham . It has purchased $4.7 million of each of the tokens except for Ethena, where it has only bought $2.3 million worth so far, according to block explorer Etherscan .

The treasury has been buying Ether on a constant basis over the last few months and currently owns 43,000 ETH with a current value of $143 million — its largest holding, even above stablecoins. It holds $96 million of the stablecoin Tether (USDT) and $56 million of the stablecoin USDC.

Beyond this, the project's treasury now holds roughly $6.5 million of Wrapped Bitcoin, Aave and Link, plus $4.6 million of Tron and $3 million of Ethena.

The project has not yet bought any of the official Trump memecoins, such as Donald Trump's Official Trump and Melania Trump's MELANIA .

In November, Tron founder Justin Sun bought $30 million of WLFI tokens and then was swiftly appointed as an advisor to the project. Sun is now also associated with Wrapped Bitcoin after his firm BiT Global recently became a key stakeholder in the project.


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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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