World Liberty Financial, a DeFi platform affiliated with President Donald Trump and members of his family, added approximately 439 Wrapped Bitcoin—or about $47 million worth at the time of purchase—to its balance amid the inauguration Monday.
The platform, which counts Trump and multiple children among its advisors, made 10 separate transactions, swapping nearely $47 million worth of stablecoins for Wrapped Bitcoin or WBTC—an Ethereum token that is redeemable 1:1 for Bitcoin.
WLF now holds 456.77 Wrapped Bitcoin worth $47.4 million, making BTC its third-largest holding, trailing only Ethereum and USDC—a dollar-pegged stablecoin.
The platform’s additions come just one day after its Web3 Ambassador—Eric Trump, the president’s son—foreshadowed action. Commenting on a post from on-chain analytics account Lookonchain on X (formerly
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Author: Logan Hitchcock
