Trump's DeFi project World Liberty Financial's December cryptocurrency buying spree is approaching $45 million.

Trump's DeFi project World Liberty Financial's cryptocurrency purchases in December are approaching $45 million. As Yoyodex previously announced, World Liberty Financial purchased ONDO, a $250,000 DeFi token, last night.

On December 14, he bought $500,000 worth of Ethena (ENA). ENA token increased by more than 20% after the news. ENA, which traded below $ 1 before the purchase, is currently trading above $ 1.20. At the same time, ONDO has risen more than 15% in the last 24 hours.

So which assets has Trump's DeFi project invested in since November 30?

According to Lookonchain's December 16th post X, the World Liberty wallet has made about $45 million in purchases since November 30th. World Liberty, which also triggered AAVE and LINK rallies last week, has spent $44.75 million on 6 cryptocurrencies since November 30. The project's purchases are as follows:

  • ETH 8105 at $3,701 on average ($30 million)

  • cbBTC 102.9 at $97,181 on average ($10 million)

  • LINK 78,387 at $25.5 on average ($2 million)

  • AAVE 6137 at $325 on average ($2 million)

  • ENA 509,955 at $0.98 on average ($500,000)

  • ONDO 134,216 at $1.8 on average ($250,000)

Announced in September, the project describes itself as a decentralized finance (DeFi) platform for crypto trading. It lists US President-elect Trump as "chief crypto advocate" and his sons Donald Jr, Eric and Barron as "ambassadors". A company linked to the family is entitled to 75% of net income. Nansen research analyst Nicolai Søndergaard recently told Bloomberg:

"World Liberty's token purchases could be a way to gain additional confidence and a way to strengthen the project by shining a light on these assets. Because if these assets are successful, the project is likely to perform well."

The project has struggled to meet the sales target for its eponymous World Liberty Financial (WLFI) token. So far, it has sold less than a quarter of the $300 million worth of WLFI it put up for sale. However, it received a boost last month when Tron blockchain founder Justin Sun made a $30 million purchase and became the project's largest investor, later being added as an advisor.

Source: Yoyodex