World Liberty Financial (WLFI), the cryptocurrency arm associated with Donald Trump, has made notable strides in its crypto acquisition strategy, recently expanding its holdings with additional altcoins. The DeFi (Decentralized Finance) protocol, which has been actively stacking up a variety of digital assets, added thousands of Ondo (ONDO) and Ethena (ENA) tokens to its growing portfolio over the weekend.
New Acquisitions: ONDO and ENA Tokens
WLFI’s recent acquisitions include a significant purchase of ONDO tokens, which took place on Sunday, December 15. According to on-chain data from Etherscan, the protocol traded 250,000 USDC to acquire 134,216 ONDO tokens. This acquisition was made via the CoW protocol at an average price of $1.86 per ONDO. The timing of the purchase has proven advantageous, with the ONDO tokens seeing a sharp increase in value, generating a $10,000 profit for WLFI.
The previous day, the World Liberty Financial team also acquired Ethena (ENA) tokens. Data reveals that the protocol spent 500,000 USDC to secure 509,955 ENA tokens, at an average price of $0.98 per coin. This acquisition, along with the ONDO purchase, signals WLFI’s ongoing strategy to diversify its crypto assets, especially in the altcoin space.
Increasing Crypto Holdings
These purchases contribute to a growing list of assets held by the WLFI protocol, which now includes five altcoins alongside its stablecoin and Coinbase Wrapped Bitcoin (cbBTC) holdings, valued at nearly $85 million. Since introducing its acquisition strategy in late November, WLFI has already accumulated Ethereum (ETH), Chainlink (LINK), Aave (AAVE), Ondo (ONDO), and Ethena (ENA), marking a clear commitment to expanding its digital portfolio.
Despite the current focus on accumulating crypto assets, WLFI’s token sales have fallen short of expectations. The DeFi protocol’s token sale has attracted only $44.7 million, significantly less than the anticipated $300 million target. However, the protocol did receive a $30 million investment from Justin Sun last month, showing some investor confidence in the project.
WLFI’s Ambitious Goals and Market Outlook
World Liberty Financial’s strategy aims to disrupt the traditional financial services sector by providing enhanced borrowing and lending solutions through its DeFi model. WLFI is still working toward solidifying its place in the cryptocurrency market, and with its increasing accumulation of assets, the protocol seems poised for more significant moves in the near future.
Observers believe that WLFI’s multi-signature wallet will continue to be active, with expectations of additional niche asset purchases in the coming weeks. As the protocol prepares for further growth, it will be interesting to watch how it adapts to the rapidly changing cryptocurrency landscape and whether it can meet its ambitious financial goals in 2025.
Conclusion
Donald Trump’s World Liberty Financial has been busy making key acquisitions in the cryptocurrency space, with the recent purchase of ONDO and ENA tokens marking another step toward expanding its holdings. While the protocol’s token sales may not have met initial expectations, its growing crypto portfolio and innovative approach to financial services keep it in the spotlight. As the market watches WLFI’s next moves, it remains to be seen whether this DeFi protocol can successfully carve out a space in the competitive world of decentralized finance.
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