{"id":8823,"date":"2025-01-21T11:32:15","date_gmt":"2025-01-21T11:32:15","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=8823"},"modified":"2025-01-21T11:32:15","modified_gmt":"2025-01-21T11:32:15","slug":"trumps-world-liberty-financial-adds-47m-in-wrapped-bitcoin-during-inauguration-day","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=8823","title":{"rendered":"Trump\u2019s World Liberty Financial Adds $47M In Wrapped Bitcoin During Inauguration Day"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\">World Liberty Financial (WLF), a decentralized finance platform affiliated with President Donald Trump and his family, added approximately 439 Wrapped Bitcoin (WBTC) to its holdings during Monday\u2019s (20 January 2025) inauguration. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The purchase, valued at around $47 million, <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/worldlibertyfi\/status\/1881457386671464804?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">was executed<\/span><\/a><span data-preserver-spaces=\"true\"> through ten separate transactions, swapping stablecoins for WBTC, a token on the Ethereum network pegged 1:1 to Bitcoin.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Following the acquisition, WLF now holds 456.77 Wrapped Bitcoin, worth $47.4 million, making it the platform\u2019s third-largest asset after Ethereum and the stablecoin USDC. <\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Best New Cryptocurrencies to Invest in 2025<\/span><\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">World Liberty Financial Resumes Crypto Purchases<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">The recent purchase comes <\/span><span data-preserver-spaces=\"true\">on the heels of<\/span><span data-preserver-spaces=\"true\"> a similar <\/span><span data-preserver-spaces=\"true\">purchase<\/span><span data-preserver-spaces=\"true\"> the previous <\/span><span data-preserver-spaces=\"true\">day,<\/span><span data-preserver-spaces=\"true\"> when WLF added a substantial amount of Ethereum to its treasury.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Eric Trump, WLF\u2019s Web3 Ambassador and the president\u2019s son, hinted at the activity in a post on X, commenting on the Ethereum purchase, \u201cWait until you see what they do tomorrow!\u201d <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The acquisitions, amounting to nearly $100 million in Bitcoin and Ethereum over two days, are part of the platform\u2019s stated \u201cregular treasury management\u201d strategy.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cWe\u2019re making routine movements of our crypto holdings as part of regular treasury management, and payment of fees and expenses, and to address working capital requirements,\u201d WLF explained in a recent statement.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">As of now<\/span><span data-preserver-spaces=\"true\">, WLF\u2019s treasury holds over $320 million in crypto assets, including more than $5 million each of AAVE, LINK, and ENA, according to data from Arkham Intelligence. On Inauguration Day, WLF <\/span><span data-preserver-spaces=\"true\">also<\/span><span data-preserver-spaces=\"true\"> added $4.7 million worth of these tokens alongside its Bitcoin and Ethereum purchases.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">To commemorate the inauguration of Donald J. Trump as the 47th President of the United States, <a href=\"https:\/\/twitter.com\/search?q=%24WLFI&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$WLFI<\/a> is proud to announce the following strategic purchases today:<\/p>\n<p>$47,000,000 ETH<br \/>$47,000,000 wBTC<br \/>$4,700,000 Aave<br \/>$4,700,000 LINK<br \/>$4,700,000 TRX<br \/>$4,700,000 ENA<\/p>\n<p>Excited for the\u2026<\/p>\n<p>\u2014 WLFI (@worldlibertyfi) <a href=\"https:\/\/twitter.com\/worldlibertyfi\/status\/1881457386671464804?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">January 20, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">The company\u2019s activities align with the broader market trend, as Bitcoin reached a new all-time high of $108,786 early Monday before settling at $102,780.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Meanwhile, WLF announced that it had sold 20% of its presale tokens and opened an additional 5% to the public. Despite the sales, over 3 billion WLF tokens remain available at $0.05 each.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/analysis\/crypto-forecast-best-crypto\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">10 Coins with High Returns: Crypto Forecast 2025<\/span><\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">Trump Appoints Crypto-Friendly Individuals To Key Positions<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Last month, Trump\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/news\/donald-trump-picks-crypto-ally-paul-atkins-as-next-sec-chair\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">nominated former Securities and Exchange Commission Commissioner Paul Atkins<\/span><\/a><span data-preserver-spaces=\"true\">, a crypto advocate, to chair the agency. Industry leaders hope Atkins\u2019 leadership will bring a more favorable regulatory environment for digital assets.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Under the Biden administration, outgoing SEC Chair Gary Gensler took a stringent approach to the crypto industry, initiating enforcement actions against several high-profile companies and projects.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Trump has been critical of\u00a0Gensler\u2019s\u00a0policies, promising during his campaign to fire him\u00a0\u201con day one.\u201d\u00a0However, Gensler pre-empted this move by announcing his resignation, effective January.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">As reported, the SEC\u00a0<\/span><span data-preserver-spaces=\"true\">has<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><span data-preserver-spaces=\"true\">taken<\/span><span data-preserver-spaces=\"true\"> a\u00a0tougher\u00a0stance against crypto firms in 2024.<\/span><span data-preserver-spaces=\"true\"> More specifically, the regulator\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/news\/sec-hit-crypto-firms-with-4-7-billion-in-enforcement-actions-in-2024-over-3000-surge-from-2023\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">imposed nearly $4.7 billion<\/span><\/a><span data-preserver-spaces=\"true\"> in enforcement actions against crypto companies, a 3,018% increase from 2023.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-coinbase-listings\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">15 New &amp; Upcoming Coinbase Listings to Watch in 2025<\/span><\/a><\/strong><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/trumps-world-liberty-financial-adds-47m-in-wrapped-bitcoin-during-inauguration-day\/\">Trump\u2019s World Liberty Financial Adds $47M In Wrapped Bitcoin During Inauguration Day<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>World Liberty Financial (WLF), a decentralized finance platform affiliated with President Donald Trump and his family, added approximately 439 Wrapped Bitcoin (WBTC) to its holdings during Monday\u2019s (20 January 2025) inauguration. The purchase, valued at around $47 million, was executed through ten separate transactions, swapping stablecoins for WBTC, a token on the Ethereum network pegged [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-8823","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/8823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8823"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/8823\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}