A newly created multi-signature wallet associated with Trump’s World Liberty Financial withdrew 10 million USDC from Binance and used it to purchase 200 million WLFI tokens on February 18, according to on-chain analytics platform On-Chain Lens.
This transaction adds to the growing activity surrounding WLFI, a politically charged crypto project with close ties to the Trump family.
Adding to the project’s financial momentum, BitMart Research’s latest report reveals that WLFI has raised $455 million through token sales as of February 9, 2025. The project secured $319 million from its initial public sale of 21.3 billion WLFI tokens at $0.015 each, followed by an additional $136 million in a second round at $0.05 per token.
Despite its significant fundraising, WLFI has yet to introduce any DeFi lending services, leaving its token without a clear use case. The project seems more focused on accumulating $327 million in on-chain and centralized exchange assets.
The report noted that WLFI faces scrutiny due to its close ties with the Trump family. Justin Sun, the founder of TRON, has become its largest institutional investor with a $75 million contribution. In return, WLFI has allocated $63.41 million to assets related to Sun, including TRX and Wrapped Bitcoin.
WLFI’s financial activities include its $47.49 million in stablecoins and a $307.4 million transfer to Coinbase Prime for safekeeping. WLFI focuses on increasing its exposure to Real-World Assets and DeFi protocols while primarily aiming to grow its core holdings in Bitcoin and Ethereum.
As part of its long-term vision, WLFI has launched “Macro Strategy,” a strategic token reserve to strengthen its market position. This initiative focuses on diversifying holdings, reducing volatility, and fostering DeFi innovation. It will enable investments in ecosystem development and emerging opportunities, bridging traditional and decentralized finance. WLFI views this as a significant step towards creating a more resilient and innovative financial system.
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