Trump-Backed WLFI's $3.88B Crypto Portfolio: Ethereum Dominates

The Trump-backed cryptocurrency project, World Liberty Financial (WLFI), has amassed a substantial portfolio valued at $3.88 billion, with nearly half of its holdings in Ethereum (ETH). According to data monitored by Imk.fun, WLFI's crypto assets include:

• 55,400 ETH, valued at $1.85 billion
• 646.7 WBTC, valued at $67.73 million
• 40.72 million TRX, valued at $10.33 million
• 25,631 LINK, valued at $6.55 million
• 19,400 AAVE, valued at $6.41 million
• 5.78 million ENA, valued at $4.94 million

WLFI still holds 41.81 million stablecoins, which can be used to purchase additional assets. The project's significant investment in ETH aligns with the broader market trend, as Ethereum remains one of the most popular and valuable cryptocurrencies.

The Trump-backed project has gained attention from various media outlets, with some expressing concerns about the potential impact of cryptocurrencies on the global financial system. In a recent article, Time magazine questioned whether the launch of Trump's coin has opened a "Pandora's box" in the world of cryptocurrency.

Meanwhile, other developments in the crypto world include SignalPlus' completion of a $11 million Series B funding round to drive cryptocurrency derivatives innovation. On-chain Detective continues to monitor the crypto market, providing real-time updates on various projects and trends.