World Liberty Financial Expands Cryptocurrency Holdings with $21.5 Million Investment
World Liberty Financial (WLF) has made a significant move in the cryptocurrency market by acquiring $21.5 million in digital assets. This investment consists of $10 million in Ethereum, another $10 million in Wrapped Bitcoin, and $1.5 million in Movement tokens. These transactions were executed from a newly established multi-signature wallet, which still holds $3.5 million in USDC. With this latest acquisition, WLF’s total cryptocurrency holdings now exceed $78.5 million, encompassing a diverse portfolio that includes Ethereum, Wrapped Bitcoin, Tether, and various other digital currencies.
Details of the Cryptocurrency Purchase
On March 6, 2025, WLF purchased 4,468 Ethereum at an average price of $2,238 per coin, totaling $10 million. The fund also acquired 110.6 Wrapped Bitcoin for $10 million, priced at approximately $90,420 each. In addition, WLF bought 3.42 million Movement tokens for $1.5 million, with each token valued at $0.439. Following these transactions, the multi-signature wallet holds around $3.5 million in USDC, leading to speculation about future investment opportunities.
WLF’s Expanding Digital Asset Portfolio
According to data from Arkham Intelligence, World Liberty Financial now possesses over $78.5 million in various cryptocurrencies. Their largest holdings include 7,091 Ethereum worth approximately $16.16 million and 162.69 Wrapped Bitcoin valued at around $14.87 million. The fund also has substantial investments in Tether, staked Ethereum, and Tron, along with smaller amounts in USD Coin and other digital assets.
Upcoming White House Crypto Summit and Strategic Reserve Plans
These latest purchases coincide with the Trump administration’s initiative to establish a U.S. strategic cryptocurrency reserve. On March 2, Trump tasked the President’s Working Group on Digital Asset Markets with creating this reserve, which will encompass key cryptocurrencies, explicitly noting Bitcoin and Ethereum as central components. Initial discussions have also included assets like Ripple (XRP), Solana (SOL), and Cardano (ADA). The timing of WLF’s acquisitions aligns with a recent uptick in the cryptocurrency market, characterized by Bitcoin crossing the $92,000 threshold and Ethereum climbing above $2,300.
Market Trends and Analyst Predictions
Crypto analyst Colin Talks Crypto has observed a notable increase in the Global M2 Money Supply and forecasts a significant rally for stocks and cryptocurrencies, with a target date of March 25 for this anticipated surge. Rekt Capital, another analyst, has highlighted a bullish trend for Bitcoin, suggesting that larger investors are taking advantage of current market conditions. He has noted a potential breakout pattern that could lead to a 25% increase in Bitcoin’s value in the near term, with a mid-term target reaching $120,000.
Controversy Surrounding the Strategic Reserve
Despite the strategic reserve’s goals, some controversy exists regarding its potential impact on Trump and his associates. Critics argue that the reserve could enhance the value of assets owned by Trump and his affiliates, with reports indicating that he and related parties control over 60% of WLFI. Although the Trump Organization insists that the president has distanced himself from direct involvement in commercial activities, watchdog groups remain cautious, referencing previous instances where Trump’s business interests appeared to overlap with his political endeavors.
Focus on the White House Crypto Summit
The upcoming White House Crypto Summit is generating considerable interest. President Trump is set to attend alongside industry leaders and CEOs, including notable figures like Michael Saylor and Matt Huang. The summit aims to forge progressive policies governing digital assets, reflecting the growing significance of cryptocurrencies in the current economic landscape.
