World Liberty Financial (WLFI), the cryptocurrency venture associated with the Trump family, has expanded its holdings by acquiring 4.89 million SEI tokens, a purchase valued at around $775,000.
The acquisition took place on April 12, executed via one of WLFI’s trading wallets, which received funding through USDC transferred from the project’s main wallet. This information was verified through onchain data analyzed by the blockchain analytics firm Arkham Intelligence.
The specific wallet utilized for this transaction has a history of gathering various altcoins.
Trump-Backed WLFI Diversifies Crypto Portfolio with SEI Purchase
WLFI’s investment portfolio features key cryptocurrencies like Bitcoin (BTC) and Ether (ETH), alongside a selection of altcoins including Tron (TRX), Ondo Finance (ONDO), Avalanche (AVAX), and now, Sei (SEI).
As noted by blockchain researcher Lookonchain, WLFI has invested over $346 million in acquiring 11 different tokens. Despite this substantial investment, the project has yet to realize a profit from any of its assets.
As of April 12, WLFI’s total portfolio reflected a decline of $145.8 million, with its Ethereum holdings alone accounting for an excess of $114 million in losses.
Trump's World Liberty(@worldlibertyfi) spent 775K $USDC to buy 4.89M $SEI again 1 hour ago.In total, #WorldLiberty has spent $346.8M on 11 different tokens—but every single one is in the red, with a total loss of $145.8M!https://t.co/IzbZt1afkV pic.twitter.com/1lZchggiK5
— Lookonchain (@lookonchain) April 12, 2025
The acquisition of SEI comes amidst ongoing speculation regarding the Trump family’s engagement in cryptocurrency markets. On February 3, Eric Trump made a post on X (formerly Twitter), promoting investment in Ether and labeling it “a great time to add $ETH,” although he later removed the phrase “you can thank me later” from the post.
Since that tweet, Ether has seen a substantial decline, plummeting from $2,879 to $1,611, a drop of nearly 55%, according to data from CoinGecko.
WLFI’s USD1 Stablecoin Branding Emerges on Major Platforms
In other news, what appears to be the unofficial logo for WLFI’s anticipated stablecoin, USD1, has recently appeared on platforms such as Coinbase, Binance, and CoinMarketCap.
Although WLFI has not made any formal announcements about the branding, many observers speculate that the appearance of the logo signals a preliminary rollout.
USD1 new logo – official? Since it’s shown on @binance & @coinbase it should be official. I expect to see the full rollout and an announcement by @worldlibertyfi next week. What do you guys think about the Logo? Personally I think it’s pretty mid #WLFI #USD1 #TRUMP 
pic.twitter.com/kYLU817X6t
— Fabi
(@solanafabi) April 13, 2025
Recently, WLFI proposed to conduct a test airdrop of its USD1 stablecoin to eligible WLFI token holders, aiming to enhance the stablecoin’s visibility prior to its wider launch.
The upcoming stablecoin, which is backed by U.S. Treasuries and managed by custodian BitGo, represents WLFI’s strategic initiative to create a regulated dollar-pegged digital asset.
WLFI’s increasing activity in the stablecoin arena has drawn attention from lawmakers. During an April 2 hearing before the U.S. House Financial Services Committee, Democratic Representative Maxine Waters raised concerns regarding the potential for Trump to position USD1 as an alternative for federal transactions with the U.S. dollar.
Committee Chair French Hill echoed these concerns, cautioning, “If there is no effort to block the president of the United States of America from owning his stablecoin business, I cannot support this bill and urge others not to either.”
The post Trump-Linked Crypto Project WLFI Adds $775K in SEI Tokens to Its Portfolio appeared first on Cryptonews.
