Trump-Backed WLFI Attracts Big Money as Hut8 Buys In Above Market Price
The post Trump-Backed WLFI Attracts Big Money as Hut8 Buys In Above Market Price appeared on BitcoinEthereumNews.com.
Altcoins A quiet yet powerful endorsement has just shaken the digital asset scene. Crypto mining powerhouse Hut8 has reportedly secured a long-term position in World Liberty Financial (WLFI) – a blockchain venture associated with the Trump family – by purchasing WLFI tokens directly from the project’s treasury at a premium price. The transaction wasn’t a public sale. Instead, Hut8 acquired locked tokens from WLFI’s reserves at $0.25 each, above the prevailing market rate. The company confirmed that no new tokens were minted, meaning the deal didn’t dilute supply. For analysts, the over-market purchase suggests a clear signal: institutional players are willing to bet early on WLFI’s broader vision. A Strategic Treasury Move Crypto analyst Quinten Francois called Hut8’s decision “institutional conviction in action.” He noted that the miner isn’t chasing quick profits – the tokens were acquired for long-term treasury diversification, similar to how corporations have historically accumulated Bitcoin as balance-sheet assets. The premium pricing, he added, reflects expectations of significant future appreciation. Observers have drawn parallels between this deal and the early accumulation of major assets like Bitcoin and Ethereum, when strategic buying created supply squeezes long before mainstream recognition set in. A New Playbook for Tokenization WLFI is positioning itself as more than a cryptocurrency issuer. CEO Zach Witkoff has unveiled plans to digitize high-value assets through blockchain tokenization – beginning with the Trump family’s real estate empire. Speaking with Bloomberg, Witkoff said he wants investors to own pieces of landmark properties such as Trump Tower Dubai through fractionalized tokens that trade on open markets. “What if a single token could represent a share of an iconic building?” he asked, suggesting that tokenized real estate could make global luxury assets accessible in ways previously impossible. The USD1 Stablecoin and On-Chain Commodities The company’s ambitions extend well beyond property.…
Filed under: News - @ October 4, 2025 3:23 pm