With the cryptocurrency market facing significant declines, Trump-backed World Liberty Financial (WLF) is experiencing a major financial hitting of $110 million. Recently, the company made headlines for acquiring $20 million in cryptocurrencies, primarily Bitcoin and Ethereum, just hours ahead of the first-ever Crypto Summit held by the White House.
As per data provided by Arkham Intelligence, WLF’s investments totaling $336 million across nine cryptocurrencies have curtailed to about $226 million.
Trump-backed World Liberty Fi has reported a loss of $110 million, according to Arkham. Despite the downturn, the firm asserts it will not panic-sell. Approximately 65% of the losses are attributed to Ethereum. More details can be found here.
WLF’s Portfolio’s Devaluation
WLF’s cryptocurrency holdings are primarily concentrated in Ethereum (ETH), which constitutes 65% of its overall assets. The firm’s average buy-in price for ETH was around $3,240, but as of March 10, 2025, it is trading at about $2,040. This downturn has played a significant role in the losses suffered by WLF. Beyond Ethereum, the portfolio includes Wrapped Bitcoin (WBTC), Tron (TRX), and other assets, yet the overall performance remains adversely affected by the market crisis.
Last week, the firm expanded its ETH holdings when the price briefly dipped under $2,000. WLF also allocated substantial sums for acquiring more WBTC and MOVE tokens. However, these measures have not compensated for the overall depreciation of the portfolio’s value.
Investments Pre Crypto Summit
Blockchain analysis firm Nansen reported that WLF purchased quite an amount of Ethereum and Wrapped Bitcoin shortly before the crypto summit. This investment included a significant portion of $10.1 million in ETH and $9.9 million in WBTC. All transactions were executed via a wallet associated with WLF, anticipating the Trump administration’s stance on cryptocurrency policies during the summit.
Key Takeaways
- The Trump family’s DeFi project recently made a notable purchase of $20 million in crypto assets ahead of a significant summit.
- WLF has reported $110 million in unrealized losses and a substantial drop in portfolio value from $336 million to $226 million.
