World Liberty Financial, the DeFi platform tied to President Donald Trump, made significant crypto purchases on the day of his inauguration.
The platform acquired over $100 million in digital tokens within hours of Trump’s inauguration. This marked a high-profile start to the 47th U.S. President’s tenure, with the announcement sparking widespread attention in the crypto community.
Bitcoin Acquisitions on Inauguration Day
Donald Trump Jr. announced the token purchases on the X platform on Monday. The acquisitions notably excluded Bitcoin, the leading cryptocurrency by market capitalization.
The breakdown included $47 million each in Ethereum (ETH) and Wrapped Bitcoin (WBTC), alongside $4.7 million allocations to Aave (AAVE), Chainlink (LINK), TRON (TRX), and Ethena (ENA).
These strategic purchases were intended to commemorate the historic occasion of Donald Trump’s return to the White House. Following the latest acquisition, ETH emerged as the largest holding in the portfolio of World Liberty Financial (WLFI), which oversees the Trump family’s crypto initiatives.
To commemorate the inauguration of Donald J. Trump as the 47th President of the United States, $WLFI is proud to announce the following strategic purchases today:
$47,000,000 ETH
$47,000,000 wBTC
$4,700,000 Aave
$4,700,000 LINK
$4,700,000 TRX
$4,700,000 ENAExcited for the…
— Donald Trump Jr. (@DonaldJTrumpJr) January 21, 2025
WLFI Portfolio Overview and Valuation
As of Monday, WLFI’s total portfolio value stood at $334.44 million. The holdings experienced a slight 1.03% decrease, reflecting minor market fluctuations.
Ethereum dominated the portfolio with 58,379 ETH, valued at $188.99 million at a price of $3,237.22 per token. The USDC stablecoin accounted for $54.4 million, the second largest share in the portfolio.
Other major holdings included 456.777 WBTC worth $46.46 million and 4,747 staked ETH (stETH) valued at $15.32 million. Smaller but notable allocations featured AAVE at $6.54 million, LINK at $6.19 million, USDT at $5.35 million, and ENA at $4.98 million.
Crypto Absent From Executive Orders
Meanwhile, despite high expectations from the crypto community, President Trump’s first-day executive orders did not address cryptocurrency. His actions focused on immigration reforms, energy policies, and federal restructuring. This omission surprised many in the crypto industry, given earlier speculation about potential moves to prioritize digital assets.
Prior to the inauguration, rumors suggested bold initiatives such as establishing a national Bitcoin reserve or issuing industry-related pardons.
However, these anticipated measures did not materialize. Notably, Trump’s inaugural speech also made no mention of cryptocurrency, leaving industry stakeholders awaiting further developments.
Nonetheless, the crypto community is excited by World Liberty Financial’s acquisitions of Bitcoin and other crypto assets following the inauguration. They see it as a positive sign, regardless of the absence of executive actions on digital assets.
TRUMP’S WORLD LIBERTY FI BOUGHT $47M OF BTC AND $47M OF ETH TO CELEBRATE HIS INAUGURATION AS 47TH PRESIDENT OF THE UNITED STATES OF AMERICA pic.twitter.com/ZfdBQsnsG4
— Arkham (@arkham) January 20, 2025
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
