Trump’s WLFI crypto investments aren’t paying off

From Cointelegraph
April 26, 2025 8:00 am:

World Liberty Financial (WLFI), a crypto firm linked to the Trump family, launched last year, sparking controversy. Accusations of front-running crypto events like the White House summit have raised conflict of interest concerns. WLFI’s $550 million token sales and portfolio holdings have drawn attention, with notable investments in stablecoins and various cryptocurrencies.

WLFI, founded by Steve Witkoff and others, launched in September 2024 with Trump’s support. Token sales brought in $550 million, with the project’s “gold paper” outlining voter rights for token holders. The portfolio includes stablecoins and various cryptocurrencies, with successful investments in WBTC, SEI, and AVAX.

Concerns about conflicts of interest arose as WLFI’s USD1 stablecoin launched. Senators questioned Trump’s ability to influence his own project. Despite market fluctuations and insider trading accusations, the Trump administration’s ties to crypto are strengthening. WLFI received a $25 million investment from DWF Labs, indicating confidence in the project.

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