Trump's World Liberty Invests Heavily in Ethereum, Chainlink, and Aave

• WLFI invests $12M in Ethereum, LINK and AAVE.
• Justin Sun backs WLFI with $30M and leadership.
• WLFI expands portfolio and announces new stablecoin.

World Liberty Financial (WLFI), a decentralized finance (DeFi) initiative linked to Donald Trump, has made waves in the market by purchasing $12 million worth of cryptocurrencies. The transaction, which took place on December 12, included the purchase of Ethereum (ETH), Chainlink (LINK) and Aave (AAVE) with USD Coin (USDC). According to on-chain data from Etherscan, these acquisitions had an immediate impact on the market, especially for Ethereum, which saw its price rise 6,86% in just 24 hours.

Trump's World Liberty( @worldlibertyfi ) is buying $ ETH , $ LINK and $ AAVE !

In the past 9 hours, the World Liberty Multisig wallet spent 10M $ USDC to buy 2,631 $ ETH at $3,801M $ USDC to buy 41,335 $ LINK at $24.2, and 1M $ USDC to buy 3,357 $ AAVE at $297.8. https://t.co/mtD0c2tvvo pic.twitter.com/B11KvcwRJQ

— Lookonchain (@lookonchain) December 12, 2024

The majority of the investment was made in Ethereum, with the purchase of 2.631 ETH at an average price of $3.801, for a total of $10 million. Additionally, WLFI purchased 41.335 Chainlink tokens at an average price of $24,2, using $1 million in USDC. The LINK rally was remarkable, reaching an increase of over 20% in a single day. In the same move, the company purchased 3.357 Aave tokens at an average price of $297 each, for a total of another $1 million. The AAVE token appreciated by over 30%, surpassing the $357 mark in the following hours.

WLFI’s portfolio reflects a diversified and robust strategy. It currently includes over 14.573 ETH, 3,108 million in Tether (USDT), 1,15 million in USDC, 41.335 LINK, and 3.357 AAVE, as well as smaller holdings in assets such as LimeWire (LMWR), Alchemy Pay (ACH), Wrapped Ether (WETH), Safe (SAFE), and Uniswap (UNI). This approach reinforces WLFI’s position as a leading player in the cryptocurrency space.

The $30 million investment from TRON founder Justin Sun also played a key role in WLFI’s expansion. In addition to becoming the largest investor in the initiative, Sun has taken on an advisory role, contributing his vast experience in the crypto space. “We are thrilled to invest $30 million in World Liberty Financial as its largest investor. TRON is committed to leading innovation,” Sun said.

Launched in September 2024, WLFI aims to establish itself as a decentralized money market platform, offering services such as loans and yields on digital assets. The company also announced plans to develop its own stablecoin, led by Rich Teo, co-founder of Paxos, responsible for products such as Pax Dollar (USDP) and PayPal USD (PYUSD).

At the time of publication, the price of Ethereum was quoted at US$3.951,04, up 5% in the last 24 hours.

WLFI’s recent acquisitions highlight its ambition to lead the cryptocurrency market while promoting the adoption and development of decentralized finance solutions.