World Liberty Financial (WLFI), a decentralised finance venture associated with former US President Donald Trump, has significantly increased its cryptocurrency holdings.
On-chain data shows that WLFI recently made large acquisitions in Ethereum ($ETH), Wrapped Bitcoin ($WBTC), and Movement Network’s $MOVE token.
The timing of these purchases has drawn attention, as they come just days before the White House Crypto Summit, an event expected to shape the future of US crypto regulations.
Blockchain analytics firm Nansen noted the additions to WLFI’s treasury, “Hours ago, Trump’s project World Liberty Financial made a $25 million crypto play, with $10 million in $ETH, $10 million in $WBTC, and $1.5 million $MOVE—more to come?”.
Data from Arkham Intelligence further indicated that WLFI’s Ethereum holdings have surged throughout the week, rising from 2,200 $ETH on Monday to over 7,000 $ETH by Thursday. These purchases highlight WLFI’s growing commitment to digital assets despite ongoing market volatility.
The strategic timing of these acquisitions has fuelled speculation. The White House Crypto Summit, scheduled for Friday, is expected to discuss crypto regulation and the possible creation of a US strategic cryptocurrency reserve.
Trump is set to meet with key industry leaders to explore how digital assets could be integrated into national policy. Market reaction has been mixed. Bitcoin ($BTC) climbed over 3% in the last 24 hours, briefly touching $92,700 before retreating to around $91,380.
Other major cryptocurrencies, including Dogecoin ($DOGE) and Solana ($SOL), also saw gains, while Cardano ($ADA) remained stable. Analysts believe that traders are watching Friday’s summit closely for signals about future regulatory developments.
“This Friday marks a historic milestone—the first-ever White House Crypto Summit”, analysts at QCP Capital stated. “However, without concrete executive orders, funding commitments, or congressional backing, the market remains in wait-and-see mode”, they added.
An expanding crypto portfolio despite losses
World Liberty Financial has continued to expand its holdings despite a challenging market environment. On-chain data from Lookonchain also showed that WLFI moved $25 million in $USDC into a new multi-signature wallet, which was later used for major crypto purchases.
This fund was spent on 4,468 $ETH for $10 million at an average price of $2,238 per $ETH, 110.6 $WBTC for $10 million at $90,420 per $BTC, and 3.42 million $MOVE tokens for $1.5 million at $0.439 per token.
With approximately $3.5 million $USDC still available, some analysts believe WLFI could continue adding to its portfolio. At present, Ethereum remains WLFI’s largest holding at $16.34 million, followed by $14.8 million in $WBTC and $13.25 million in $USDT stablecoins.
However, despite these acquisitions, WLFI faces unrealised losses of over $89 million across nine different tokens. The firm’s aggressive accumulation strategy comes amid broader industry setbacks, including the $1.4 billion Bybit hack, the largest crypto theft in history.
Many investors have turned to real-world assets for stability, but WLFI appears to be betting on a long-term crypto recovery.
The company’s latest investments align with the Strategy fund, which focuses on Bitcoin, Ethereum, and select altcoins. There are also unconfirmed rumours that the Trump family may launch one or more large-scale businesses on Ethereum.
Ethereum co-founder, Joseph Lubin, has hinted at the potential for Ethereum to be integrated into future government operations.
“Despite the market pullback caused by Trump’s tariffs, he keeps accumulating ETH on every dip”, said the founder of X DAO, Rekt Fencer. “This is a clear sign of bullish sentiment and shows how serious he is about crypto”, Fencer added.
White House Crypto Summit
The White House Crypto Summit, set for 7 March, is expected to be one of the most significant events in the history of cryptocurrency regulation.
According to reports, the summit’s discussions will focus on the creation of a US Strategic Crypto Reserve and which digital assets should be included. Additionally, there will be talks on regulatory clarity for cryptocurrencies, with potential new policies or tax incentives for crypto businesses.
Another key point on the agenda is the promotion of US-based blockchain projects and the potential impact of international policies such as the European Union’s Markets in Crypto-Assets Regulation (MiCA) regulations.
President Trump has suggested that a national crypto reserve could include assets such as $XRP, $ADA, and $ETH, in addition to Bitcoin. Key crypto executives invited to the summit include Michael Saylor of Strategy, Brad Garlinghouse of Ripple, Brian Armstrong of Coinbase, Sergey Nazarov of Chainlink, and JP Richardson of Exodus.
Several high-profile government officials are also expected to attend, including acting SEC Chair, Mark Uyeda and CFTC Chair, Caroline Pham. However, some notable figures, such as Ethereum’s Vitalik Buterin, Solana’s Anatoly Yakovenko, and Cardano’s Charles Hoskinson, have not yet confirmed their attendance.
Reports indicate that the summit will be held in a roundtable format with around 20 to 25 participants. Invitations were sent via email, and an invite-only reception is being organised for those not participating in the main discussion.
Some analysts believe that this event could mark a turning point for cryptocurrency regulation in the US. However, uncertainty remains over whether Trump’s administration will take immediate action or if the summit will serve as a preliminary discussion for future policy decisions.
With Bitcoin rebounding to $90,000 after recent declines, market participants are closely monitoring any announcements from the summit. Whether the event will provide a bullish catalyst or lead to further regulatory uncertainty remains to be seen.
