World Liberty Financial grabs more Bitcoin, Ethereum

Olumide Adesina•Friday, March 7, 2025•1 min read

World Liberty Financial has amassed millions of dollars in Wrapped Bitcoin and Ethereum ahead of a White House crypto summit.

Blockchain data tracker Arkham Intelligence discovered the transactions on X on Wednesday. The wallet in question purchased $10 million worth of Ethereum (ETH), $10 million worth of Wrapped Bitcoin (WBTC), and $1.05 million worth of Movement (MOVE) tokens.

WBTC is a Bitcoin-backed Ethereum-based token that enables traders to use their BTC on DeFi applications. Big names in the industry are anticipated to attend the White House’s first-ever crypto summit on Friday, which coincides with World Liberty Financial’s acquisitions.

Sui, a well-known cryptocurrency project started by former Meta engineers, declared it would collaborate with World Liberty Financial to “explore the innovative opportunities” in the wake of Wednesday’s transactions. The network that powers SUI, the 19th largest cryptocurrency, is called the Sui blockchain.

The Trump administration is pushing deeper into the rapidly evolving cryptocurrency market. President Trump announced that the U.S. government would hold several digital currencies and tokens, such as Bitcoin, Ethereum, and Solana.

World Liberty Financial, a DeFi (decentralized finance) project that uses Ethereum to provide lending and borrowing services, was one of the cryptocurrency initiatives that Trump and his family backed before he took office.

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ABOUT THE AUTHOR See More

Olumide Adesina

Financial Market Writer

Olumide Adesina is a French-born Nigerian financial writer. He tracks, analyzes, and reports changes in financial markets with over 15 years of working experience in investment trading.