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Home»ALTCOIN NEWS»Donald Trump’s World Liberty Financial Holds $50,000,000 in DeFi Cryptocurrency Assets: Arkham
ALTCOIN NEWS

Donald Trump’s World Liberty Financial Holds $50,000,000 in DeFi Cryptocurrency Assets: Arkham

By Crypto FlexsDecember 16, 20242 Mins Read
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Donald Trump’s World Liberty Financial Holds ,000,000 in DeFi Cryptocurrency Assets: Arkham
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President-elect Donald Trump’s cryptocurrency project World Liberty Financial (WLFI) is loaded with decentralized finance (DeFi) altcoins, on-chain data has shown.

Blockchain intelligence platform Arkham reported that WLFI’s treasury has acquired $50 million worth of various DeFi coins as it prepares for launch.

“Update: Donald Trump’s WORLD LIBERTY FI acquires $50 million in DEFI coins.

World Liberty Finance Treasury has just acquired:

ETH/WETH $35 million
cbBTC $10 million
LINK OF 1 MILLION DOLLARS
AAVE $1 million

Does Trump Have DeFi?”

Source: Arkham/X

WLFI launched its token sale in October.

The project originally stated that 63% of all WLFI would be sold to the public, but according to the current white paper (or “gold paper”), World Liberty Financial appears to have lowered this to 35%.

Because World Liberty Financial hasn’t launched publicly yet, it’s not 100% clear yet what services the platform will offer.

World Liberty Financial says it is “the only DeFi platform inspired by Donald J. Trump” and aims to “lead a financial revolution by dismantling the shackles of traditional financial institutions and putting the power back where it belongs: in your hands.” there is.

According to data from Ethereum blockchain explorer Etherscan, TRON DAO received 2 billion tokens for its investment in WLFI, making Tron (TRX) founder Justin Sun and the DAO the largest holder.

The purchase makes Sun an advisor to the project.

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