A newly created pockets with a number of characters linked to Trump’s World Liberty Monetary has bought 200 million WLFI tokens after recording $ 10 million USDC from Binance.
The transaction that passed off on early 18 February was reported by on-chain evaluation platform on chain lens. The acquisition contributes to the fixed exercise round WLFI, a controversial crypto venture with robust political ties with the Trump household.
6 hours in the past a newly created multi -portor by #Trump’s World Liberty Finance (@worldlibertsyfi) $ 10 million USDC from #binance withdrew and acquired 200m $ wldfi.
Tackle: 0xe54A7F3714C8D104783B2077999D6D9985CD68539
Information @nansen_ai pic.twitter.com/Y4CDME99B5
– Onchain -lens (@onchainlens) 17 February 2025
In response to the newest report from Bitmart Analysis, WLFI raised $ 455 million from 9 February 2025 by the sale of token. Second gross sales spherical at a worth of $ 0.05 per token.
Even supposing he presents himself as a Defi -credit platform, WLFI has not but launched Defi companies, subsequently there isn’t any clear utility for his tokens. The intention of the venture appears to be centered on constructing its $ 327 million on on-chain and centralized change property.
WLFI -Token allocation. Supply: Bitmart analysis
The intimate tires of WLFI with the Trump household have paid consideration to the collection of property. Market observers see token, like different tokens affiliated by Trump, as part of a bigger plan to reap the benefits of Trump’s political energy. The Trump household particularly checks 75% of the token gross sales revenue.
Justin Solar, the founding father of Tron (TRX), has additionally developed robust ties with the venture and is now the biggest institutional investor in WLFI, who has contributed $ 75 million. The venture has assigned $ 63.41 million to zone -related property akin to TRX and packed Bitcoin (WBTC).
In response to the report, WLFI had $ 47.49 million in Stablecoins (previous to the acquisition) and moved $ 307.4 million to Coinbase Prime for custody. Along with stimulating the publicity to Actual-World property and Defi-Protocols, the funding technique of the venture makes it clear that it’s aimed toward rising its core property, particularly Bitcoin (BTC) and Ethereum (ETH).