Index Investing News
Sunday, May 25, 2025
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Trump-backed World Liberty Monetary buys AVAX and MNT for $4M as whole portfolio losses attain $118M

by Index Investing News
March 17, 2025
in Cryptocurrency
Reading Time: 8 mins read
A A
0
Home Cryptocurrency
Share on FacebookShare on Twitter


Key Takeaways

  • World Liberty Monetary bought $2 million every of AVAX and MNT tokens whereas experiencing whole portfolio losses of $118 million.
  • World Liberty Monetary’s portfolio contains 11 digital property with Ethereum accounting for 58% and $88 million in losses.

Share this text







World Liberty Monetary (WLFI), the DeFi venture backed by the Trump household, on Saturday bought $2 million every of Avalanche (AVAX) and Mantle (MNT) tokens, whereas its whole portfolio continues to indicate substantial losses.

In accordance with information tracked by Arkham Intelligence, the entity acquired 103,911 AVAX tokens and a pair of.45 million MNT tokens after a purchase order of 541,783 SEI on Thursday.

WLFI’s funding portfolio now contains 11 digital property, together with Ethereum, Wrapped Bitcoin, Tron, Chainlink, Aave, ENA, MOVE, ONDO, SEI, AVAX, and MNT.

As analyzed by Lookonchain, the crypto enterprise has invested roughly $343 million in these holdings and is at the moment dealing with unrealized losses of $118 million.

Trump’s World Liberty(@worldlibertyfi) purchased 103,911 $AVAX($2M) and a pair of.45M $MNT($2M) 3 hours in the past.

In whole, #WorldLiberty has spent $343M on 11 completely different tokens—however each single one is within the crimson, with a complete lack of $118M!https://t.co/IzbZt1afkV pic.twitter.com/b4jqIRZQ2A

— Lookonchain (@lookonchain) March 16, 2025

Ethereum represents the biggest place at 58% of the portfolio, accounting for $88 million in losses.

The most recent purchases got here after WLFI finalized its $550 million token sale on Wednesday. Eric Trump, the venture’s web3 ambassador, signaled future developments after completion.

.@worldlibertyfi is simply getting began https://t.co/FI2tOIz50I

— Eric Trump (@EricTrump) March 14, 2025

Lately, World Liberty Monetary introduced its partnership with the Sui Basis. The venture plans to combine Sui property into its strategic token reserve and co-develop merchandise as a part of the collaboration.

In accordance with current studies from the Wall Road Journal and Bloomberg, World Liberty Monetary has been concerned in discussions with Binance about potential enterprise ventures, together with the event of a stablecoin.

Nevertheless, each WLFI and Binance CEO Changpeng Zhao have denied any concrete enterprise offers or discussions about buying a stake in Binance, labeling these studies as politically motivated and baseless.

Share this text











Source link

Tags: 118MAVAXbuysfinancialLibertyLossesMNTPortfolioReachTotalTrumpbackedWorld
ShareTweetShareShare
Previous Post

Slot should boldly drop Mac Allister for Liverpool’s “full” midfielder

Next Post

Tecogen: A Potential Beneficiary From Information Middle Liquid Cooling (OTCMKTS:TGEN)

Related Posts

Market Skilled Tasks ‘Undervalued’ Litecoin To Soar At Least 1,000% —  Right here’s How

Market Skilled Tasks ‘Undervalued’ Litecoin To Soar At Least 1,000% —  Right here’s How

by Index Investing News
May 24, 2025
0

Opeyemi is a proficient author and fanatic within the thrilling and distinctive cryptocurrency realm. Whereas the digital asset business was...

Chinese language Automotive Agency Reveals Twin-Observe Plan to Purchase 1,000 Bitcoins Over Subsequent Yr

Chinese language Automotive Agency Reveals Twin-Observe Plan to Purchase 1,000 Bitcoins Over Subsequent Yr

by Index Investing News
May 24, 2025
0

Jiuzi Holdings, Inc. plans to amass 1,000 bitcoins over the approaching 12 months by means of a mix of recent...

Extra crypto companies to return?

Extra crypto companies to return?

by Index Investing News
May 24, 2025
0

This previous week, Coinbase joined the S&P 500, one of many world’s most elite inventory indexes — a triumph for...

Bitcoin Value Enters fifth Wave After Decline, Eyes Stronger Breakout Rally

Bitcoin Value Enters fifth Wave After Decline, Eyes Stronger Breakout Rally

by Index Investing News
May 24, 2025
0

Trusted Editorial content material, reviewed by main trade consultants and seasoned editors. Advert Disclosure Crypto analyst CrediBULL Crypto has commented...

Elon Musk’s Tesla Nonetheless Bullish On Bitcoin, Holds .25B BTC

Elon Musk’s Tesla Nonetheless Bullish On Bitcoin, Holds $1.25B BTC

by Index Investing News
May 23, 2025
0

Blockchain analytics platform Arkham Intelligence has revealed that Tesla Inc.’s Bitcoin (BTC) holdings are actually value round $1.25 billion. With...

Next Post
Tecogen: A Potential Beneficiary From Information Middle Liquid Cooling (OTCMKTS:TGEN)

Tecogen: A Potential Beneficiary From Information Middle Liquid Cooling (OTCMKTS:TGEN)

Expertise hunt for AI and ML abilities as GCCs look to broaden service portfolio: ISG

Expertise hunt for AI and ML abilities as GCCs look to broaden service portfolio: ISG

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Russia Mulls Severing Ties With Poland As US-Supplied HIMARS Deployed Near Kaliningrad

Russia Mulls Severing Ties With Poland As US-Supplied HIMARS Deployed Near Kaliningrad

May 17, 2023
PriceSmart, Inc. (PSMT) Q2 2022 Earnings Name Transcript

PriceSmart, Inc. (PSMT) Q2 2022 Earnings Name Transcript

April 9, 2022
What Funds Have Outperformed the S&P 500 on 10K Invested in 10 Years?

What Funds Have Outperformed the S&P 500 on 10K Invested in 10 Years?

March 8, 2023
Argentina lawmakers debate Milei’s ‘omnibus’ economic reform bill | Business and Economy News

Argentina lawmakers debate Milei’s ‘omnibus’ economic reform bill | Business and Economy News

January 31, 2024
Is OpenAI the Subsequent BlackBerry?

Is OpenAI the Subsequent BlackBerry?

October 10, 2024
The long and winding road to safety — Global Issues

The long and winding road to safety — Global Issues

February 5, 2023
Since the Taliban takeover of Afghanistan, more than 1,000 civilians were killed in attacks, UN says

Since the Taliban takeover of Afghanistan, more than 1,000 civilians were killed in attacks, UN says

June 27, 2023
EU to Grade Cryptocurrencies Based on Energy Consumption: Report : internationalpolitics

EU to Grade Cryptocurrencies Based on Energy Consumption: Report : internationalpolitics

October 18, 2022
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In