WBTC, ETH News: Trump's World Liberty Financial Buys More Wrapped Bitcoin Ahead of Crypto Summit
The WLFI purchases come just days before the White House Cryptocurrency Summit scheduled for March 7.
Updated Mar 6, 2025 9:25 AM UTC Published Mar 6, 2025 7:26 AM UTC
What you should know:
World Liberty Financial (WLFI), a decentralized financial institution (DeFi) with ties to U.S. President Donald Trump and his family, added over $21.5 million in ether (ETH), wrapped bitcoin (WBTC), and MOVE tokens to its holdings on Wednesday, according to the latest data.
WLFI purchased 4,468 ETH at a price of approximately $2,238 per unit (a total of $10 million), 110.6 WBTC at $90,415 (another $10 million), and 3.42 million MOVE tokens at $0.438 per token ($1.5 million).
These purchases by WLFI, where Trump and his sons serve as ambassadors, come just days before a White House cryptocurrency summit scheduled for March 7, where the president will meet with a number of prominent cryptocurrency founders.
