President Trump’s cryptography project, World Liberty Financial (WLFI) has now acquired more than $ 388 million in digital assets, according to chain data.
The “disanonymization” platform of the Arkham blockchain reports that World Liberty Financial has increased its assets in cryptography after having made important purchases of Ethereum (ETH) and Tron (TRX) on Friday evening.
“The World Liberty FI project of Donald Trump bought and has 4,700 ETH ($ 15 million), bought 2.65 million TRX while Trump undertakes to develop the national stock of digital assets.”
The project recently joined the top 0.1% of all the stakeholders in Ethereum with its aggressive ETH accumulation frenzy. On the day of Trump’s inauguration, World Liberty Financial purchased for $ 47 million from ETH, for $ 47 million from Wrapped Bitcoin (WBTC), for $ 4.7 million in Aave (Aave), for $ 4.7 million in ChainLink (link), for $ 4.7 million of Tron. (TRX) and $ 4.7 million from Ethena (ENA).
While accumulating cryptographic assets, President Trump has worked on legislation to accommodate industry and reverse the hostile regulatory climate created by the previous presidential administration. The president recently signed a decree to study the creation of a national strategic stock of Bitcoin (BTC) and crypto, as well as to prevent the development of a digital central bank currency (CBDC) while promoting the adoption of Stable parts.
The order, entitled “Strengthening American leadership in digital financial technology”, indicates that administration supports “responsible growth” and the use of digital assets and Blockchain technology.
The ordinance repeals the directives of the former Biden president on digital assets and creates a new working group which will coordinate and offer clear rules of conduct for cryptocurrencies within six months.
“The working group will assess the potential creation and maintenance of a national stock of digital assets and will offer criteria for the establishment of such a stock, potentially derived from cryptocurrencies legally seized by the federal government within the framework of its efforts to apply the law. “
Do not miss anything-Subscribe to receive alerts by e-mail directly in your reception box
Check the action on prices
Follow us on XFacebook and telegram
Surf on the daily Hodl mix
 
Warning: opinions expressed on The Daily Hodl are not investment advice. Investors must show reasonable diligence before making high-risk investments in bitcoin, cryptocurrency or digital assets. Please note that your transfers and transactions are made at your own risk and that any loss you may undergo is your responsibility. The Daily Hodl does not recommend the purchase or sale of cryptocurrencies or digital assets, and The Daily Hodl is not an investment advisor. Please note that The Daily Hodl participates in affiliation marketing.
Image generated: slab3
