World Liberty Financial (WLF), a decentralized finance platform associated with President Donald Trump, purchased $21.5 million in ethereum ( ETH), wrapped bitcoin (WBTC), and movement network tokens (MOVE) on Thursday, just one day before the White House Crypto Summit focused on regulatory reforms.
Trump-Linked World Liberty Financial Acquires $21.5M in Crypto Ahead of White House Summit
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WLF Invests in Ethereum, Bitcoin, and MOVE Tokens Ahead of Key Policy Talks
According to onchain data analyzed by blockchain firm Nansen, WLF acquired 4,468 ETH ($10 million), 110.6 WBTC ($10 million), and 3.42 million MOVE tokens ($1.5 million) using USDC from a new multi-signature wallet. This adds to WLF’s existing crypto holdings, which total over $79.77 million across a myriad of assets, including significant stakes in ETH and WBTC.
Founded in 2024, WLF positions itself as a DeFi platform for crypto-backed lending and borrowing, with Trump serving as “chief crypto advocate” and his sons Barron, Eric, and Donald Trump Jr. holding roles as “ DeFi visionary” and “ Web3 ambassadors.” The WLF project has raised hundreds of millions through token sales, including $220 million in one hour during a January 2025 launch.
The timing of the purchases aligns with the White House Crypto Summit on March 7, 2025, hosted by President Trump to discuss crypto regulations and innovation. The event, chaired by White House AI and Crypto Czar David Sacks, will convene industry leaders to address stablecoins, bitcoin reserve legislation, and market frameworks. Analysts suggest the buys may signal confidence in pro- crypto policies or an effort to influence summit outcomes.
Notably, the inclusion of MOVE—a token tied to the Movement Network, a blockchain interoperability platform—highlights World Liberty Financial’s interest in emerging technologies. While ETH and WBTC are established assets, MOVE’s selection suggests strategic diversification ahead of discussions on integrating newer blockchain ecosystems into regulatory frameworks.
Cryptocurrency markets reacted cautiously to the summit’s approach, with bitcoin rising 3% to a $91,380 intraday high. Analysts anticipate further volatility as investors await clarity on regulations. WLFs moves, alongside Trump’s recent pledge to bolster U.S. crypto dominance, highlights the sector’s growing intersection with political and institutional agendas.
