Trump-Backed Crypto Project Buys $10M in Ethereum Amid Market Dip

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Ethereum

January 28, 2025 by

  • World Liberty Financial added $10 million worth of Ethereum to its holdings during a market dip.
  • The Trump family-backed crypto project now holds 59,265 ETH worth approximately $185 million.
  • The platform purchased 3,247 ETH through Cow Protocol, as reported by market tracker Arkham.

The Trump family-backed crypto project, World Liberty Financial, has added $10 million worth of Ethereum (ETH) to its holdings. This acquisition increases its total ETH stash to 59,265 tokens, valued at approximately $185 million. The move comes amidst a market sell-off that saw Ethereum’s price drop near $3,000, offering a strategic buying opportunity.

World Liberty Financial Adds More ETH

World Liberty Financial acquired 3,247 ETH through the Cow Protocol platform, according to data from market tracker Arkham. This purchase follows the project’s earlier acquisition of $47 million worth of ETH on Inauguration Day, further solidifying its position in the crypto space. The recent transactions highlight the project’s aggressive expansion, as it seizes market dips to build its portfolio.

The platform’s ETH holdings now form a significant chunk of its overall cryptocurrency investments, showcasing a calculated strategy to leverage Ethereum’s potential. While crypto markets faced pressure from global economic concerns, the Trump family project opted to act decisively. By capitalizing on lower prices, World Liberty Financial reinforced its commitment to long-term crypto investment.

Ethereum Purchase Amid Market Turmoil

The timing of this acquisition coincided with a broader market decline that impacted major cryptocurrencies, including Bitcoin and Ethereum. Bitcoin saw a sharp dip, falling below $100,000 and reaching lows near $97,900, while Ethereum tumbled alongside it. This sell-off followed China’s unveiling of its AI app, DeepSeek, which triggered investor uncertainty and significant liquidations across crypto markets.

Despite the turbulence, World Liberty Financial leveraged the market downturn to bolster its position. Such strategic moves underline the platform’s confidence in the long-term value of digital assets. By acquiring ETH at reduced prices, the project has strengthened its portfolio, even as other investors shied away.

Growing Crypto Holdings

World Liberty Financial’s crypto portfolio now exceeds $381 million in value, showcasing a diverse range of assets. In addition to its $185 million in ETH, the platform holds $65 million in Wrapped Bitcoin (WBTC) and $60 million in Lido Staked ETH (STETH). Other assets include $33 million in USDC stablecoin and additional holdings in tokens such as LINK, AAVE, and ENA.

The project’s expansion mirrors the actions of other major crypto investors, such as MicroStrategy, which recently added $1 billion in Bitcoin. World Liberty Financial’s strategic purchases underline its aggressive growth in the crypto space. This approach signals its long-term confidence in cryptocurrency investments, regardless of short-term volatility.

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