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COINTURK NEWS > Altcoin News > World Liberty Financial Expands Crypto Portfolio with Bold Moves
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World Liberty Financial Expands Crypto Portfolio with Bold Moves

In Brief

  • World Liberty Financial is aggressively investing in cryptocurrencies.

  • The project aims to create a strategic coin reserve to diversify funds.

  • World Liberty has made significant acquisitions, indicating future intentions in the crypto market.

İlayda Peker
İlayda Peker 2 years ago
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World Liberty Financial (WLF), backed by Donald Trump, is rapidly advancing its cryptocurrency investments. Recently, the project acquired 2.52 million MOVE coins for USDC worth $1.4 million and purchased 52 Wrapped Bitcoin $80,319 (WBTC) for $5 million USDC. Blockchain analysis company Nansen confirmed that these transactions took place on Thursday. World Liberty has also garnered attention for its recent staking and lending activities.

Contents
World Liberty Continues Its Crypto AcquisitionsWorld Liberty Announces New Strategic Reserve Plan

World Liberty Continues Its Crypto Acquisitions

Through these acquisitions, World Liberty has significantly expanded its portfolio. MOVE coin is among the altcoins the company is particularly focused on. MOVE is known as the native asset of Movement Labs’ main network. The project has also been in the limelight due to claims that it is in discussions with the Government Efficiency Department led by Elon Musk.

World Liberty Financial Altcoin Acquisitions

Additionally, the project actively engages with the cryptocurrency community on social media. Rushi Manche, founder of Movement Labs, made a notable remark regarding WLF’s MOVE coin acquisitions, simply stating, “More to come.” This has been interpreted as a signal that World Liberty is preparing for broader investments in the cryptocurrency market.

World Liberty Announces New Strategic Reserve Plan

World Liberty recently announced the establishment of a strategic coin reserve named “Macro Strategy.” This reserve aims to diversify funds and mitigate risks. The project also seeks to collaborate with traditional financial institutions, intending to include tokenized assets from these institutions in the reserve.

1StepSwap
Tokenized Stock
ETH ETH
SOL SOL
BSC BSC
Robinhood ROBINHOOD
PAY
USDT USDT
↓
RECEIVE
AAPL AAPL

Despite not yet being operational, it has been reported that 96% of WLFI coin sales have been completed. According to the project’s official website, 926.9 million WLFI coins have not yet entered circulation. These coins will grant holders voting rights in governance but will not be transferable.

It is known that the project has purchased over $315 million in cryptocurrencies since the end of 2024. Data indicates that during this period, World Liberty acquired 63,030 ETH and 699 WBTC. The project has also invested in various altcoins such as TRX, LINK, AAVE, and ENA.

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İlayda Peker 14 February, 2025 - 10:35 am 14 February, 2025 - 10:35 am
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İlayda Peker
By İlayda Peker
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The author, who holds a degree in International Relations and Political Science, has 10 years of experience as a writer and editor in the fields of cryptocurrency, blockchain technologies, and digital asset markets.While at COINTURK, he has published over 8,500 news articles, analyses, essays, and reports on Bitcoin, altcoins, cryptocurrency markets, the blockchain ecosystem, digital asset regulations, and global financial developments. Closely following market movements and industry developments, the author addresses the complex world of cryptocurrency in a clear and reader-friendly manner.An avid reader, the author also evaluates the impact of international developments on financial markets and the digital asset ecosystem.
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