David Edwards
Despite a tumultuous cryptocurrency market, World Liberty Financial (WLFI), the decentralized finance (DeFi) network associated with US President Donald Trump, dramatically grew its Ether (ETH) holdings over the previous week.
According to Cointelegraph Markets Pro data, WLFI’s holdings in Ethereum tripled as the cryptocurrency temporarily fell below the $2,000 barrier, reversing from a low of $1,991 on March 4.
WLFI Increases Crypto Holdings Despite Market Volatility
According to Arkham Intelligence’s on-chain statistics, WLFI currently has almost $10 million more in ETH than it had a week ago. Additionally, the platform purchased $1.5 million worth of Movement Network (MOVE) tokens and $10 million worth of Wrapped Bitcoin (WBTC).
Lookonchain data indicates that WLFI’s overall unrealized losses across nine distinct token investments surpass $89 million, notwithstanding these buys.
The $1.4 billion Bybit hack on February 21—the biggest exploit in cryptocurrency history—and macroeconomic worries fueled the purchasing frenzy at a time when market volatility was at its highest.
Market volatility has caused investors to look for safer assets, especially tokenized real-world assets (RWA), which provide more predictable returns, according to a recent Binance Research analysis.
The “Macro Strategy” Fund of WLFI and Ethereum’s Goals
Following the platform’s February 11 launch of the “Macro Strategy” fund, which is intended to support Bitcoin (BTC), Ether, and other prominent cryptocurrencies, WLFI has made its most recent investments in digital assets.
The release from WLFI states that the fund seeks to:
- bolster digital assets’ place in international finance.
- Spread your holdings over a variety of tokenized assets.
- Boost robustness and stability in the DeFi industry.
“Together, we are building a legacy that bridges the worlds of traditional and decentralized finance, setting new standards for the industry,” WLFI stated.
Three weeks before to this action, Joseph Lubin, a co-founder of Ethereum, had speculated that the Trump family may establish “giant” companies using Ethereum.
“Based on what I am aware of, the Trump family will build one or more giant businesses on Ethereum,” Lubin wrote, adding that the Trump administration could integrate Ethereum into government activities.
The portfolio of WLFI is led by Ethereum.
Ether is currently WLFI’s biggest holding, followed by:
- $14.9 million in WBTC, or wrapped bitcoin
- A USDT stablecoin worth $13.2 million
The platform’s recent action indicates a strong commitment to the long-term adoption of DeFi and blockchain technologies—even in volatile market conditions—with Ethereum at the center of WLFI’s investment strategy.
