World Liberty Financial (WLFI), a cryptocurrency investment firm backed by the Trump family, has increased its holdings with a recent $21.5 million investment in digital assets.
The latest purchase includes $10 million in Wrapped Bitcoin (110 WBTC), $10 million in Ethereum (4,468 ETH), and $1.5 million in Movement (3.42 million MOVE). WLFI’s total investment in cryptocurrency now stands at $336 million, spread across nine different tokens. Despite market downturns, the firm has maintained its strategy, holding its assets without selling. Reports indicate a floating loss of approximately $88 million, with Ethereum seeing the most significant decline.
WLFI increases Crypto holdings ahead of White House Crypto summit
The decision to invest more in digital assets comes just before the White House Crypto Summit on March 7. Analysts believe this move signals confidence in the market, even after recent setbacks linked to economic policies. Arkham Intelligence, which tracks blockchain transactions, confirmed that WLFI has transferred most of its holdings to Coinbase Prime. However, it remains uncertain whether the firm has sold any assets.
WLFI’s current portfolio consists of Ethereum (ETH), Wrapped Bitcoin (WBTC), Tron (TRX), Chainlink (LINK), Aave (AAVE), Ethena (ENA), Movement (MOVE), Ondo (ONDO), and Sei (SEI). Ethena has recorded the highest percentage loss at 63%, while Ethereum has suffered the most significant decline in value, amounting to $67.35 million.
Market experts weigh In on WLFI’s strategy
Rekt Fencer, the founder of X DAO, believes WLFI’s continued purchases reflect a strong bullish sentiment toward digital assets. He noted that Trump’s strategy of buying Ethereum during market dips highlights long-term confidence in cryptocurrency. Fencer also suggested that the upcoming White House Crypto Summit could bring significant developments for the industry.
Some anticipated announcements at the summit include a possible 0% tax on U.S. crypto projects, discussions on Bitcoin as a strategic reserve, and additional details on digital asset regulations. The event is expected to significantly impact market trends, and experts will closely monitor its outcomes.
White House summit to address Crypto regulations and BTC reserve
Donald Trump has hinted at plans to include alternative digital assets such as XRP, Solana (SOL), and Cardano (ADA) in the reserve. However, Bitcoin and Ethereum are expected to remain central to the strategy. Commerce Secretary Howard Lutnick emphasized that Bitcoin will receive different treatment than other digital assets, aligning with Trump’s campaign promises.
Key figures representing the crypto industry will meet at the summit through its guest roster that includes Ripple CEO Brad Garlinghouse together with Chainlink co-founder Sergey Nazarov and Exodus CEO JP Richardson. Regarding the discussions members of the Presidential Working Group on Digital Assets and more than 25 other participants have been identified.
The chief executive of Coinbase Brian Armstrong supports Bitcoin as a reserve asset because according to him it replaces traditional gold holdings with modern digital currency. Through ongoing investments from WLFI alongside its upcoming summit the cryptocurrency market anticipates forthcoming adjustments in regulatory as well as economic laws.