Basri Caneri 
World Liberty Financial (WLFi), which is linked to Donald Trump, recently acquired Chainlink (LINK) for $4.7 million. This transaction was marked by a series of transfers on the CoW Protocol.
In the last 30 minutes, a total of 177,93 LINK (about $4.7 million) were transferred to World Liberty Financial’s Gnosis Safe Pro wallet.
World Liberty Financial’s Portfolio
WLFi’s total asset value exceeded $318 million with the acquisitions. While ETH ($143.84 million) and USDT ($96.41 million) make up the largest weight in its portfolio, LINK investment has also increased remarkably. Chainlink’s price has reached $25.42, up 11.1% in the last 24 hours.
WLFi, Donald Trump’s project, has several cryptocurrencies in its portfolio:
- USDC: $56.57 million
- AAVE: 6.44 million dollars
- TRX: 4.58 million dollars
- WBTC: 1.88 million dollars
LINK’s strong performance is seen as an investment move that calls into question the strategy behind World Liberty Financial’s move.
Also Read: Bitcoin Hits New All-Time High Ahead of Trump’s Inauguration
Operations Performed via CoW Protocol
WLFi preferred to use the CoW Protocol, which offers a decentralized and secure system in its transactions. This protocol, which is used in WLFi’s altcoin purchases, is frequently preferred by institutional investors as it prioritizes wallet security.
While CoW Protocol quickly completed these transactions in high amounts, it managed to increase the transaction volume without creating volatility in the markets.
What Does the LINK Purchase Mean?
This large purchase demonstrates Chainlink’s growing popularity in decentralized finance (DeFi) projects and its growing attractiveness to institutional investors. With this move, World Liberty Financial, which is associated with Trump, has both attracted attention in the markets and supported LINK’s potential.
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