David Edwards
The Trump family-backed cryptocurrency company World Liberty Financial (WLFI) purchased 4.89 million SEI tokens on April 12, 2025, for around $775,000, or $0.158 per token. Funded by a transfer of USDC from WLFI’s primary wallet, this transaction was made using a trading wallet that had previously been used for other altcoin purchases.
The SEI token saw a significant price spike after the acquisition, rising more than 27% in the last week and now trading at $0.17. Increased market interest and conjecture about WLFI’s involvement are the reasons for this increase.
WLFI’s entire cryptocurrency portfolio is still performing poorly in spite of this. About $346.8 million has been invested by the company in 11 distinct tokens, including Avalanche (AVAX), Tron (TRX), Ethereum (ETH), Bitcoin (BTC), and Ondo Finance (ONDO). With Ethereum assets alone down more than $114 million as of April 12, the portfolio had an unrealized loss of almost $145.8 million.
Relatedly, WLFI’s stablecoin, USD1, has surfaced on well-known exchanges such as Coinbase and Binance, indicating an unofficial logo reveal. Political discussion has been triggered by this decision, with some expressing concern that the USD1 may eventually take the place of the US dollar in government transactions.
