World Liberty Financial (WLFI), backed by President Donald Trump and his sons, acquired $21.5 million in cryptocurrencies ahead of the White House crypto summit.
WLFI's wallet sent $25 million in USDC to a new multi-sig wallet and used the funds to acquire 4,468 Ether, 110.6 Wrapped Bitcoin (WBTC), and 3.42 million Movement (MOVE).
WLFI previously made headlines for buying over $100 million in cryptocurrencies, including ETH, WBTC, AAVE, TRX, LINK, and ENA, before and on Trump's inauguration day.
WLFI's co-founder, Zach Witkoff, is among the guests attending the White House crypto summit, where potential discussions on a national Bitcoin stockpile and crypto regulatory frameworks are expected.