Trump’s Crypto Revolution: Unveiling His DeFi Platform’s Asset Surge!

On January 21, Donald Trump Junior revealed the acquisitions to “honor the inauguration of Donald J. Trump as the 47th President of the United States.”

The family’s World Liberty Finance DeFi platform has executed several “tactical acquisitions,” which include $47 million valued in wrapped Bitcoin (wBTC) and $47 million in Ethereum.

Additionally, there were $4.7 million portions of Aave (AAVE), Chainlink (LINK), Tron (TRX), and Ethena (ENA) to celebrate the occasion.

To honor the inauguration of Donald J. Trump as the 47th President of the United States, $WLFI is pleased to announce the following tactical acquisitions today:

$47,000,000 ETH
$47,000,000 wBTC
$4,700,000 Aave
$4,700,000 LINK
$4,700,000 TRX
$4,700,000 ENA

Looking forward to the…

— Donald Trump Jr. (@DonaldJTrumpJr) January 21, 2025

Awaiting on Strategic Reserve

Nonetheless, it’s “Not exactly the Strategic Reserve everyone desires,” remarked Bloomberg’s ETF analyst James Seyffart, while investor Zack Voell referred to it as “the strategic wrapped Bitcoin reserve.”

Bitcoin Magazine CEO David Bailey noted, “Trump’s crypto team has begun reallocating their treasury into Bitcoin in $4.7 million chunks!”

Meanwhile, Tether strategy advisor Gabor Gurbacs expressed his thoughts on the absence of crypto mention in Trump’s address:

“Donald Senior could have at least mentioned Bitcoin once in his remarks. Bitcoin supporters have contributed significantly to his election and made it all feasible.”

President Trump has already commenced signing executive orders after his inauguration on Monday. However, he has yet to sign the one the entire crypto sector is anticipating – his proposed Bitcoin strategic reserve.

World Liberty Finance has recently been accumulating Ethereum, and its portfolio is substantially weighted in this asset, with nearly 57,000 ETH, valued around $184 million, constituting more than half of its assets, according to Arkham.

The platform sold out of WLFI tokens this week but resumed the sale with an additional 5% of the total supply, or 5 billion tokens, priced at $0.05, an increase from the initial token presale price of $0.015 for the first 20 billion.

According to the official website at the time of writing, the platform had sold 22 billion of the total 25 billion illiquid tokens available.

Crypto Markets Soften

The total market capitalization has decreased over the last few hours to $3.64 trillion as markets cooled following the inauguration excitement.

Bitcoin achieved a new all-time high of $109,400 on Monday before dropping to $102,000 during the Tuesday morning Asian trading session.

Ethereum could only ascend to $3,430 before it dropped again, as it has been doing for several months. ETH was trading at approximately $3,250 at the time of writing.

The altcoins displayed mixed results, and Trump’s recently introduced namesake meme coin, TRUMP, experienced a significant decline with a 30% drop on the day to $32 following a wave of critique from crypto industry experts and commentators.