5 hours ago
6
The World Liberty Finance, a financial company linked to the Trump family, has made new crypto purchases through Cow Protocol. At the time of writing, the wallet holds the equivalent of over 355 million dollars.
Trump and the new crypto purchases by World Liberty Finance through Cow Protocol
In recent days, there is much talk about World Liberty Finance, a financial company linked to the family of the USA President, Donald Trump, and his crypto purchases.
In fact, according to the data from Arkham Intelligence, at the time of writing the crypto project wallet holds the equivalent of 355 million dollars.
Specifically, the crypto purchases of World Liberty Finance continue to be executed through Cow Protocol.
Among the most recent, Arkham reports that the crypto project of the Trump family has purchased 10.809 million TRX, spending the equivalent of 2.62 million dollars. Now the wallet holds a total of 30.107 million TRX valued at 7.30 million dollars.
But the crypto present in the wallet of World Liberty Finance are of different types. And in fact, at the moment, there are over 55,000 ETH, 456,777 of wBTC, 10,000 STETH.
There are also DeFi crypto like 33.42 UNI and stablecoins like over 55.3 million USDC and over 489,000 USDT and other categories.
Trump and other strategic crypto investments of the project
A few days ago, it was reported how World Liberty Finance had already begun to strategically diversify its crypto investments.
In fact, the purchases of 5.63 million dollars in Chainlink (LINK), 4.7 million dollars in AAVE, and 4.7 million dollars in Wrapped TRX have emerged.
Specifically, the Chainlink project connects real-world data to blockchains through oracles, AAVE is a DeFi platform in the crypto lending and deposit sector, and Wrapped TRX is the tokenized version of Tron compatible with the Ethereum ecosystem.
In general, such investments do not seem to have been random, but aim to support projects with solid technological foundations and broad growth prospects.
Such investments are also the representation of a clear signal: crypto is now an essential part of the American economic strategy.
The purchase of ENS domains by the First Family
On January 19, the news spread that World Liberty Financial purchased several ENS domains (Ethereum Name Service) related to the Trump family.
In practice, the ENS purchased by the crypto project are erictrump.eth and barrontrump.eth, as well as worldliberty.eth and trumpcoin.eth.
In fact, Eric Trump is the third son of Donald Trump, primarily employed in the World Liberty Financial project. Barron Trump, 18 years old, is the son of Melania, Donald Trump’s current wife.
In general, the First Family has shown strong support for World Liberty Financial: President Trump has been designated as the “main supporter of cryptocurrency,” while Eric Trump and Donald Trump Jr. serve as Web3 ambassadors.
In any case, the news about the ENS had led some analysts to believe that there were also new other memecoins at play, still linked to the First Family.
Not by chance, two days before his inauguration, Trump launched the Official Trump token (TRUMP) on the Solana blockchain
English (US) ·