Donald Trump's World Liberty Financial Buys $10 Million in Ethereum
- World Liberty expands portfolio with purchase of US$10 million in ETH.
- Project uses market decline to increase investments in cryptocurrencies.
- World Liberty’s total crypto asset value exceeds $381 million.
Recently, World Liberty Financial, backed by President Donald Trump, strengthened its presence in the cryptocurrency market with a new purchase of Ethereum (ETH), investing an additional $10 million. This investment is part of a series of acquisitions that the project has been making, including a significant purchase of ETH worth $10 million, made on January 27.
DONALD TRUMP'S PROJECT WORLD LIBERTY FI JUST BOUGHT ETH pic.twitter.com/uggBxVJL3H
— Arkham (@arkham) January 27, 2025
These transactions were made through the Cow Protocol, with the most recent purchase resulting in the acquisition of 3.247 ETH. With these moves, the project’s recent and previous ETH acquisitions have brought its reserves to a total of 59.265 ETH, now valued at approximately $185 million according to information from the Arkham platform.
The rise in value of these assets comes at a time when the cryptocurrency market has faced major challenges, with Ethereum following Bitcoin’s downward trend, which has fallen significantly in value following the negative reactions to the launch of the Chinese AI app DeepSeek. Bitcoin, for example, has seen its value fall to around $97.900, while Ethereum has also experienced a significant price drop.
During this bearish period, World Liberty Financial spotted an opportunity and expanded its cryptocurrency portfolio. Other companies, such as MicroStrategy, also followed suit, making strategic Bitcoin purchases worth over $1 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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