World Liberty Financial Scoops Up $21.5M of Crypto Ahead of White House Summit

World Liberty Financial Scoops Up $21.5M of Crypto Ahead of White House Summit

TLDR

• World Liberty Financial (WLF) purchased $21.5M in cryptocurrency: $10M in Ethereum, $10M in Wrapped Bitcoin, and $1.5M in Movement tokens
• The transactions were made from a newly created multi-signature wallet with $3.5M USDC remaining
• WLF now holds over $78.5M in digital assets including ETH, WBTC, Tether, and other cryptocurrencies
• These purchases come as Trump’s administration moves forward with plans for a U.S. strategic crypto reserve
• A White House Crypto Summit is upcoming with industry leaders including Michael Saylor and Matt Huang

World Liberty Financial, the DeFi project linked to former and current U.S. President Donald Trump, has purchased $21.5 million worth of cryptocurrency. The fund bought Ethereum, Wrapped Bitcoin, and Movement Network tokens using USDC from a newly created multi-signature wallet.

The transactions occurred on March 6, 2025, as reported by on-chain analytics platform Spot On Chain. WLF acquired 4,468 Ethereum for $10 million at an average price of $2,238 per coin.

Donald Trump's World Liberty Financial (@worldlibertyfi) is back to buying $ETH, $WBTC, and $MOVE!

In the past 45 minutes, the fund moved 25M $USDC to a new multi-sig wallet and purchased:

• 4,468 $ETH ($10M) at $2,238
• 110.6 $WBTC ($10M) at $90,420
• 3.42M $MOVE ($1.5M) at… https://t.co/pyElkjbFwf pic.twitter.com/azgZeglmQA

— Spot On Chain (@spotonchain) March 5, 2025

The fund also purchased 110.6 Wrapped Bitcoin for $10 million, paying about $90,420 per Bitcoin. Additionally, WLF bought 3.42 million Movement tokens for $1.5 million at $0.439 each.

After these purchases, approximately $3.5 million USDC remains in the wallet. This has led to speculation about more potential buys in the near future.

According to Arkham Intelligence data, World Liberty Financial now holds over $78.5 million in digital assets. Its largest positions include 7,091 ETH valued at $16.16 million and 162.69 WBTC worth $14.87 million.

The fund also holds 12.88 million Tether, 4,972 staked ETH amounting to $11.32 million, and 40.71 million Tron valued at $9.96 million. Smaller holdings include USD Coin, Ondo, WhiteRock, and other digital assets.

All Eyes on the Crypto Summit

These latest acquisitions come as Trump’s administration moves forward with plans for a U.S. strategic crypto reserve. On March 2, Trump directed the President’s Working Group on Digital Asset Markets to create this reserve.

The strategic reserve will include key cryptocurrencies, with Trump clarifying that Bitcoin and Ethereum would be central to the initiative. Initial reports also mentioned assets like Ripple (XRP), Solana (SOL), and Cardano (ADA).

The purchases by World Liberty Financial coincide with a recovery in the crypto market. Bitcoin has moved past $92,000, while Ethereum has surged to over $2,300 after a correction earlier in the week.

Crypto commentator Colin Talks Crypto has noted a spike in the Global M2 Money Supply chart. He predicts “an epic rally for stocks, Bitcoin, and crypto,” with March 25th as the timeline for this anticipated surge.

Analyst Rekt Capital commented on Bitcoin’s price recovery, noting that weak investors have exited the market. Meanwhile, larger investors used the opportunity to buy the dip.

Rekt Capital has identified a key wedge formation on the charts. He suggests that if Bitcoin breaks out to the upside, a 25% rally could occur in the coming days, with a mid-term target of $120,000.

The Trump Organization claims that the president has distanced himself from commercial activities. His children, a separate ethics attorney, and an outside investment firm currently supervise WLFI’s management.

However, some controversy surrounds the strategic reserve plan. Critics claim it may increase the value of assets owned by Trump and his associates. Reports indicate that Trump and related parties own more than 60% of WLFI.

Watchdog groups remain skeptical despite assurances from The Trump Organization. They point to past instances where Trump’s business and political interests appeared intertwined.

All eyes are now on the upcoming White House Crypto Summit. President Trump will attend along with industry leaders and CEOs. Experts like Michael Saylor and Matt Huang will participate, aiming to develop progressive digital asset policies.

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