World Liberty Financial (WLFI), a decentralized finance venture with ties to President-elect Donald Trump, has acquired 759 ETH at an average price of $3,651, amounting to approximately $2.5 million.
WLFI has accumulated a total of 16,362 ETH, currently valued at $54.62 million, and has reduced its losses to $3.4 million.
WLFI diversified its crypto investments by swapping $10.4 million worth of cbBTC for Wrapped Bitcoin (WBTC) and holds other assets such as AAVE tokens, Chainlink (LINK) tokens, Ethena (ENA) tokens, and Ondo Finance (ONDO) tokens.
The project aims to leverage market trends for portfolio expansion and diversification.