Trump’s World Liberty Invests $9.9M In Bitcoin, $10.1M In Ethereum Hours Before Crypto Summit 🇺🇸
World Liberty Financial (WLF), a decentralized finance initiative associated with US President Donald Trump, has made a significant move by investing $20 million in cryptocurrency, focusing on Bitcoin and Ethereum. This strategic investment comes just hours before the inaugural Crypto Summit at the White House, highlighting WLF's commitment to the burgeoning DeFi sector.
The investment, breaking down to $9.9 million in Bitcoin and $10.1 million in Ethereum, underscores the Trump-backed entity's confidence in these leading digital currencies. The timing of this purchase aligns with discussions at the summit, potentially signaling WLF's influential role in shaping the future of cryptocurrency regulation and adoption.
This development suggests an increasing push for cryptocurrency engagement from prominent figures in the US, particularly in anticipation of regulatory advancements and potential White House initiatives to foster innovation in the digital economy.
Source: 99bitcoins.com ↗
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