World Liberty Financial, a DeFi system affiliated with President Donald Trump and members of his family, added about 439 Wrapped Bitcoin—or about$ 47 million price at the time of purchase—to its stability amid the opening Monday.
The app, which counts Trump and many children among its advisors, made 10 independent transactions, swapping nearely$ 47 million fair of stablecoins for Wrapped Bitcoin or WBTC—an Ethereum coin that is refundable 1:1 for Bitcoin.
WLF today holds 456. 77 Wrapped Bitcoin fair$ 47. 4 million, making BTC its third-largest keeping, trailing just Ethereum and USDC—a dollar-pegged bitcoin.
The platform’s changes come only one morning after its Web3 Ambassador—Eric Trump, the senator ’s son—foreshadowed activity. Commenting on a post from on-chain analytics account Lookonchain on X ( formerly known as Twitter ) about the platform’s purchase of Ethereum, Trump said, “Wait until you see what they do tomorrow! ”
It has now acquired nearly$ 100 million of the two largest crypto assets in the last two days, all of which appears to be part of its “regular treasury management. ”
“We’re making program actions of our bitcoin holdings as part of normal treasury management, and payment of fees and costs and to handle working capital requirements, ” it said in a post last year.
The company holds more than$ 320 million worth of crypto assets in its treasury, including more than$ 5 million worth each of AAVE, LINK, and ENA according to data from Arkham Intelligence.
World Liberty Financial tweeted Monday that it bought$ 47 million worth of both Ethereum and Wrapped Bitcoin, as well as$ 4. 7 million fair of Aave, LINK, TRX, and ENA, to indicate the opening of the 47th leader.
After initially struggling to sell out its presale tokens, WLF “concluded its mission ” late Sunday evening, completing a sale of 20 % of its tokens before opening an additional 5 % to the public. More than 3 billion WLF tokens at$ 0. 05 every are also available for purchase at the time of writing.
Bitcoin marked a new all-time great of$ 108,786 early on Monday night, ahead of Trump’s opening. It’s now priced at$ 102,780.
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