The post Trump family-backed crypto venture World Liberty Financial purchases $775K in SEI tokens appeared on BitcoinEthereumNews.com.

World Liberty Financial (WLFI), a crypto investment firm linked to the Trump family, has added $775,000 worth of SEI tokens to its growing portfolio. The purchase was made using USDC stablecoins.  The transaction was first reported by Arkham Intelligence, a blockchain analysis platform that tracks on-chain wallet movements. This strategic investment comes at a time when SEI is experiencing increased recognition among traders and developers alike for its ultra-fast, parallel execution capabilities aimed at decentralized finance (DeFi) and trading applications. It is another tactical step by WLFI in the company’s mission to diversify holdings throughout the digital asset market. The SEI purchase came from one of WLFI’s trading wallets using USDC transferred from the project’s main wallet. It’s the same trading wallet previously used by WLFI to accumulate other altcoins. WLFI, seeded with money from Trump relatives, is steadily earning a reputation as an aggressive player in the altcoin space. It holds a diversified portfolio for BTC and ETH, plus other tokens such as TRX, ONDO, AVAX, and now SEI. According to blockchain researcher Lookonchain, WLFI has spent a total of $346.8 million accumulating 11 different tokens, but as of April 12, it has yet to see a profit on any of them. The project’s Ethereum investments alone are currently down over $114 million. In total, Lookonchain says WLFI’s portfolio is down $145.8 million. Source: Lookonchain Still, the recent purchase fits into a broader trend where the fund prefers early or emerging assets that still have upside, particularly assets being used in growing decentralized finance and token infrastructure areas. WLFI investment triggers surge in SEI token price The SEI token, native to the Sei Network, has sparked intrigue for its high-performance capabilities tailored to trading and decentralized finance applications. The token’s price rose over 27% following the announcement of WLFI’s investment…

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Filed under: News - @ April 14, 2025 8:27 am