Emre Yumlu 
According to Nansen data, the Trump-backed DeFi project World Liberty Financial acquired MOVE and wrapped BTC using millions of USDC.
Trump-Backed World Liberty Financial Accelerates Crypto Purchases
The Trump-backed DeFi project World Liberty Financial continues its aggressive crypto acquisitions. According to Nansen data, the project executed a series of transactions on Thursday, spending approximately $1.4 million in USDC to acquire 2.52 million MOVE tokens. MOVE is known as the native token of Movement Labs. On the same day, World Liberty also purchased 52 wrapped BTC (WBTC) using $5 million in USDC.
Beyond acquisitions, the project is actively engaging with the DeFi ecosystem. World Liberty staked 2,221 ETH worth $5.9 million on Lido Finance and deposited $5 million USDC into Aave’s lending protocol.
Earlier this week, World Liberty Financial expanded its crypto portfolio by acquiring 830,469 MOVE tokens and 1,917 ETH. According to SpotOn Chain data, the project has been aggressively accumulating assets since November 30, 2023. During this period, World Liberty has acquired over $315 million worth of crypto, including 63,030 ETH at an average price of $3,331 and 699 wrapped BTC at an average price of $105,197. Additionally, the project has invested in major crypto assets such as TRX, LINK, AAVE, and ENA.
Macro Strategy: A New Token Reserve
World Liberty Financial has announced the launch of Macro Strategy, a new strategic token reserve aimed at ensuring long-term sustainability and managing risk. This reserve is designed to help the DeFi project diversify its funds, strengthen its resilience against market fluctuations, and establish a robust financial foundation for the future.
Additionally, the project plans to collaborate with traditional financial institutions to incorporate their tokenized assets into the Macro Strategy reserve. According to the World Liberty team, this initiative seeks to bridge the gap between DeFi and traditional finance (TradFi) while attracting more institutional investors to the project.
Although not yet fully operational, World Liberty Financial has already sold 96% of its WLFI tokens, which will be used within its ecosystem. According to the project’s official website, 926.9 million tokens remain in circulation. WLFI token holders will have voting rights in governance decisions, but unlike many other cryptocurrencies, these tokens will not be transferable.
With its large-scale acquisitions and strategic moves, World Liberty Financial aims to strengthen its position in the DeFi ecosystem while supporting investors and its community. These developments further solidify the project’s growing influence in the crypto market.
You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.