A newly created wallet with several characters linked to Trump’s World Liberty Financial has purchased 200 million WLFI tokens after recording $ 10 million USDC from Binance.
The transaction that took place on early 18 February was reported by on-chain analysis platform on chain lens. The purchase contributes to the constant activity around WLFI, a controversial crypto project with strong political ties with the Trump family.
6 hours ago a newly created multi -portor by #Trump’s World Liberty Finance (@worldlibertsyfi) $ 10 million USDC from #binance withdrew and bought 200m $ wldfi.
Address: 0xe54A7F3714C8D104783B2077999D6D9985CD68539
Data @nansen_ai pic.twitter.com/Y4CDME99B5
– Onchain -lens (@onchainlens) 17 February 2025
According to the latest report from Bitmart Research, WLFI raised $ 455 million from 9 February 2025 by the sale of token. Second sales round at a price of $ 0.05 per token.
Despite the fact that he presents himself as a Defi -credit platform, WLFI has not yet introduced Defi services, therefore there is no clear utility for his tokens. The aim of the project seems to be focused on building its $ 327 million on on-chain and centralized exchange assets.
WLFI -Token allocation. Source: Bitmart research
The intimate tires of WLFI with the Trump family have paid attention to the selection of assets. Market observers see token, like other tokens affiliated by Trump, as a part of a larger plan to take advantage of Trump’s political power. The Trump family in particular checks 75% of the token sales income.
Justin Sun, the founder of Tron (TRX), has also developed strong ties with the project and is now the largest institutional investor in WLFI, who has contributed $ 75 million. The project has assigned $ 63.41 million to zone -related assets such as TRX and packed Bitcoin (WBTC).
According to the report, WLFI had $ 47.49 million in Stablecoins (prior to the purchase) and moved $ 307.4 million to Coinbase Prime for custody. In addition to stimulating the exposure to Real-World assets and Defi-Protocols, the investment strategy of the project makes it clear that it is aimed at growing its core assets, in particular Bitcoin (BTC) and Ethereum (ETH).
