WLFI, a Trump-affiliated crypto project, bought 200M tokens after withdrawing $10M USDC, stacking assets like Bitcoin and Ethereum.
A Trump’s World Liberty Financial (WLFI) multi-signature wallet recently purchased 200 million WLFI tokens after it pulled $10 million USDC from Binance on Feb. 18. This fresh update, covered by On-Chain Lens, adds fuel to the fire surrounding WLFI—a politically connected crypto project.
WLFI has been bringing in the big money, raising $455 million in token sales. The first sale raised $319 million, selling tokens at $0.015 per token, while the second round raised $136 million at $0.05 per token. Despite it having set itself up as a DeFi lending platform, WLFI has not yet launched any real DeFi services, leaving everyone questioning its real use case.
Observers think this isn’t just about crypto—it’s about leveraging Trump’s political power for financial gain. The Trump family controls 75% of token sales revenue, and Justin Sun (founder of TRON) has become the biggest institutional investor, putting in $75 million.
WLFI is stacking assets, holding $327M across various platforms, with big chunks in Bitcoin, Ethereum, and stablecoins. The latest move signals one thing—WLFI is building a massive war chest, but whether it’s for crypto dominance or something else remains to be seen.
Also Read: Hackers Impersonate Saudi Crown Prince, Launch Fake $KSA Memecoin