Trump Son Drops Hints About Major World Liberty Financial Plans After Massive Ether Buy
Donald Trump Jr. has sparked interest in the cryptocurrency community with a tantalizing teaser of “big moves” coming from World Free Financial Corporation. In addition to this announcement, the company also revealed that it has purchased $48 million worth of Ethereumwhich sparked rumors about its strategic ambitions in the cryptocurrency space.
Related reading
The power of mysterious tweets
Trump Jr.’s brief but impactful tweet sparked much speculation. If he does mean a revolutionary endeavor, then given the company’s massive purchases of Ethereum, it means World Liberty Financial is ready to launch a major blockchain project. Good timing, indeed. Ethereum still leads the list of most used cryptocurrencyall thanks to its stable ecosystem.
On-chain monitoring company Lookonchain has revealed the latest hint, confirming that the Donald Trump-inspired WLFI project purchased millions of dollars worth of Ethereum the day before the president was elected. Inauguration ceremony.
According to Lookonchain data, WLFI used $20 million in USDC to purchase 6,041 ETH tokens at an average price of $3,311 per Ethereum. On-chain data confirmed that the purchase was completed through multiple transactions within 30 minutes.
Wait till you see what they do tomorrow! 🚀🚀 @worldlibertyfi https://t.co/v8eRDFImHo
— Eric Trump (@EricTrump) January 20, 2025
Eric Trump responded to Lookonchain’s disclosure, suggesting that World Liberty Financial’s offering still had some hidden agenda. “Just wait and see what they do tomorrow,” the businessman and third child of the president-elect said, waving a rocket emoji over an X. Remember, Eric is one of the co-founders of this project.
Institutional investor interest in Ethereum
As a key player in the cryptocurrency world, Ethereum is known for its DeFi features and smart contract support. By making such a large investment in Ethereum, world free finance may send the message that they want to use blockchain technology in their business. This could lead to new financial products. This move is also in line with the general trend of large companies using digital currencies.
Trump Tweet: Ripple effects in cryptocurrency markets
The company is already making some noise in the market, as analysts expected, but when World Liberty Financial succeeds, more institutions are likely to get on board and Ethereum’s value will become an amplifier of the institution’s global presence overall . However, with less information released, many are still considering what role this could play.
We are both very proud of our continued achievements in the crypto space. $Trump is the hottest digital meme on the planet right now, I firmly believe @WorldLibertyFi Will revolutionize DeFi/Cefi and will become the future of finance. We’ve only just begun! 🚀
— Donald J. Trump Jr. (@DonaldJTrumpJr) January 19, 2025
Related reading
Meanwhile, the president-elect’s eldest son, Donald Trump Jr., drew attention to their achievements in the cryptocurrency space.
Trump Jr. called Official Trump “the hottest digital meme on the planet” and highlighted its potential. He also predicted that WLFI could change the financial industry by reshaping DeFi and CeFi, emphasizing, “We are just getting started.”
Featured images from Pexels, charts from TradingView
