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World Liberty Financial Expands Crypto Holdings Ahead of Summit

World Liberty Financial Expands Crypto Holdings Ahead of Summit

On the eve of the White House crypto summit, the DeFi project of the Trump family, World Liberty Financial (WLFI), acquired ETH, WBTC, and MOVE. Analysts from the Nansen platform noted this development.

The project purchased $10 million in ETH, $10 million in WBTC, and $1.5 million in MOVE.

The volume of Ethereum held by WLFI increased from 2200 ETH to over 7000 ETH in the past week, according to Arkham data.

World Liberty Financial Expands Crypto Holdings Ahead of Summit
World Liberty Financial’s crypto assets. Data: Arkham.

WLFI has invested a total of $336 million in crypto assets, as noted by analyst EmberCN. The investment portfolio includes ETH, WBTC, TRX, LINK, AAVE, ENA, MOVE, ONDO, SEI. Since most of the funds have been transferred to the centralized exchange Coinbase, it is not possible to determine if they have been sold.

If World Liberty Financial continues to hold all the coins, the loss amounts to $88 million. The largest percentage loss is with ENA at -63%. In absolute terms, ETH leads with a loss of $67.35 million.

World Liberty Financial Expands Crypto Holdings Ahead of Summit
Data: EmberCN.

On March 7, a crypto summit will take place at the White House. U.S. President Donald Trump is set to meet with industry representatives. Details regarding the future of the Strategic Digital Asset Reserve (SBR) are expected to be announced.

U.S. Secretary of Commerce Howard Lutnick hinted that Bitcoin will receive a “special status” under the president’s plans, while the attitude towards other cryptocurrencies will be “positive.”

On March 2, Trump stated the potential inclusion of SOL, XRP, and ADA in the SBR alongside Bitcoin and ETH.

Partnership with Sui

The Sui team announced a partnership with World Liberty Financial, under which both parties will explore joint product development opportunities. Additionally, the Trump project will include the SUI coin in the strategic reserve.

“We are very excited to work with Sui and explore the innovative opportunities this collaboration opens up,” commented Eric Trump.

In January, World Liberty Financial completed a WLFI token sale, raising approximately $160 million.

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