World Liberty Financial, a decentralized finance (DeFi) platform linked to Donald Trump, has acquired 134,216 ONDO tokens worth $250,000.
The purchase, completed via the Cow Protocol, highlights the platform’s growing focus on crypto investments and digital assets.
ONDO acquisition boosts World Liberty’s financial portfolio
On-chain data from Arkham Intelligence confirms that World Liberty Financial used 250,000 USDC to purchase ONDO tokens on December 16 at 6:51 UTC+8. ONDO was priced at $2.09 per token at the acquisition time. The asset ranks 53rd on CoinMarketCap’s list of top cryptocurrencies by market capitalization.
ONDO has shown strong performance recently, rising by 12.8% in the last 24 hours and recording a seven-day gain of 28.61%. The cryptocurrency’s market cap now stands at $2.9 billion, supported by a 24-hour trading volume of $538 million.
World Liberty Financial expands Crypto holdings
This recent purchase comes days after World Liberty Financial acquired other prominent digital assets. On December 12, the platform’s multisig wallet purchased Ethereum (ETH), Chainlink (LINK), and Aave (AAVE) for a combined total of $14 million. The acquisitions included 2,631 ETH for $10 million, 41,335 LINK for $1 million, and 3,357 AAVE for another $1 million.
World Liberty Financial portfolio Source: Arkham Intelligence
Arkham Intelligence data reveals that World Liberty Financial now holds a crypto portfolio valued at approximately $83.98 million. Most of the platform’s holdings include Ethereum (ETH), CBBTC, and stablecoins such as USDT and USDC. Specifically, the portfolio includes $58 million worth of ETH, $10.75 million worth of CBBTC, $6.16 million worth of USDC, and $3.56 million worth of USDT. Additionally, the platform holds LINK and AAVE tokens valued at $2.24 million each and ENA tokens worth $653,000.
Justin Sun becomes the largest investor in world liberty financial
World Liberty Financial was launched in September by Donald Trump and his sons, Donald Jr. and Eric Trump. The DeFi platform’s native token, WLFI, is currently in its presale phase, which began on October 15. While the presale initially faced challenges, prominent Chinese entrepreneur and crypto figure Justin Sun invested $30 million by purchasing WLFI tokens.
Sun’s investment made him the largest investor in World Liberty Financial. He announced the move on X, emphasizing his belief in the United States as a growing blockchain hub. Sun also supported Trump’s crypto endeavors, claiming that TRON is committed to contributing to America’s blockchain industry.
According to the World Liberty Financial website, the WLFI presale is ongoing. 4.97 billion tokens have already been sold at $0.015 each. Of the 20 billion tokens allocated for the presale, 15 billion remain available for purchase.
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