World Liberty Financial (WLF), backed by Donald Trump, is rapidly advancing its cryptocurrency investments. Recently, the project acquired 2.52 million MOVE coins for USDC ($1.00) worth $1.4 million and purchased 52 Wrapped Bitcoin $97,007 (WBTC ($96,999.70)) for $5 million USDC. Blockchain analysis company Nansen confirmed that these transactions took place on Thursday. World Liberty has also garnered attention for its recent staking and lending activities.
World Liberty Continues Its Crypto Acquisitions
Through these acquisitions, World Liberty has significantly expanded its portfolio. MOVE coin is among the altcoins the company is particularly focused on. MOVE is known as the native asset of Movement Labs’ main network. The project has also been in the limelight due to claims that it is in discussions with the Government Efficiency Department led by Elon Musk.
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