World Liberty Financial Portfolio Drops $110M Amid Ethereum Price Decline
The post World Liberty Financial Portfolio Drops $110M Amid Ethereum Price Decline appeared on BitcoinEthereumNews.com.
World Liberty Financial (WLFI), a cryptocurrency investment platform backed by Donald Trump, has suffered $110 Million in unrealized losses. The decline comes as Ethereum, its largest holding, dropped significantly in value. Despite these losses, WLFI continues to expand its portfolio and form new blockchain partnerships. Ethereum Leads WLFI’s Losses Ethereum remains the biggest contributor to WLFI’s losses, accounting for 65% of the portfolio’s decline. The platform purchased Ethereum at an average price of $3,240, but the asset is now trading at around $2,000. As a result, WLFI’s Ethereum holdings have lost approximately $80.85 Million in value. Other cryptocurrencies in WLFI’s portfolio have also been similarly affected but to a lesser extent. Tron is the most stable of them all, having dropped by only 5%. Other losses have also stemmed from other holdings such as stETH, WHITE, Movement, and Ondo. World Liberty Financial Continues to Invest Despite Market Decline Despite significant losses, WLFI remains active in cryptocurrency investments and expansion efforts. On March 6th, the platform purchased $21.5 Million worth of Ethereum, Wrapped Bitcoin, and Movement Network tokens. These acquisitions suggest confidence in the long-term potential of the crypto market. WLFI has also announced a new partnership with Sui, a blockchain project founded by former Meta programmers. This collaboration aims to explore decentralized finance opportunities and expand WLFI’s presence in the blockchain sector. Analysts speculate that the partnership may be part of a broader strategy to integrate with other blockchain ecosystems. Trump and Allies Maintain Control Over WLFI Operations World Liberty Financial was founded in 2024 and quickly positioned itself as a major player in decentralized finance. Donald Trump and his close family members control more than 60% of the project. This significant ownership stake has raised questions about his growing influence in the cryptocurrency market. In January 2025, WLFI successfully…
Filed under: News - @ March 10, 2025 10:26 pm