Donald Trump’s family crypto project, World Liberty Financial, splashes $125,000 to acquire 547,990 Sei (SEI) tokens.
Data from the blockchain analytics platform Arkham Intelligence shows that the transaction occurred yesterday at 23:24 (UTC). A multi-sig wallet associated with the World Liberty project purchased the 547,990 SEI tokens through the decentralized trading platform CoW Protocol.
Notably, the 547,990 SEI tokens were acquired at an average price of $0.228, bringing the aggregate price to around $125,000 USDC.
SEI Price Spikes 11% Amid Trump Family Interest
As expected, the transaction led to a major spike in SEI, with the token rising 11% from the initial purchase price to a daily peak of $0.2502.
The price has retraced slightly to $0.2483 in the hours leading up to press time. Nonetheless, SEI is still up significantly over the past 24 hours and 6.73% in the past seven days.
It ranks as the 71st biggest cryptocurrency on CoinMarketCap, with its valuation currently at $1.16 billion.
World Liberty Withdraws $10M USDC From Coinbase to Buy WLFI
Meanwhile, World’s Liberty’s acquisition of SEI comes hours after the project withdrew $10 million from Coinbase. Following the withdrawal, the project splashed the entire $10 million on its native token, WLFI. The transaction saw World Liberty acquire 200 million WLFI tokens.
Leading blockchain analytics platform Onchain Lens called the public’s attention to the transaction.
A multisig wallet created by #Trump's World Liberty Finance (@worldlibertyfi) has withdrew $10M $USDC from #Coinbase to buy 200M $WLFI.
They also spent $125k $USDC to buy 547,990 $SEI at an average price of $0.228.
MultiSig Wallet: 0x64bcb62afee4712bb6ecf7673ee3cfe6e2e133e8… pic.twitter.com/w4Luz8NIuR
— Onchain Lens (@OnchainLens) February 20, 2025
WLFI Crypto Acquisition
World Liberty’s latest purchase of SEI and WLFI is part of the project’s crypto acquisition spree. As previously reported, World Liberty invested over $240 million in multiple crypto assets within 12 days, spanning January 19 – 31, 2025.
This includes a $112.8 million investment in Wrapped Bitcoin (wBTC), Ethereum (ETH), and Tron (TRX), among others, on January 20. At the time, Trump’s eldest son, Donald Trump Jr., disclosed that the investment was part of efforts to celebrate his inauguration as the 47th President of the United States.
Currently, a blockchain wallet linked to World Liberty holds $57.12 million worth of crypto assets. This reflects a slight 0.3% drop over the past day.
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.
