World Liberty Financial (WLFI), the Trump family-backed DeFi entity, recently announced the acquisition of Avalanche (AVAX) and Mantle (MNT) tokens, investing a total of $2 million in these digital assets. The purchase, made last Saturday, is part of a broader portfolio diversification strategy that now includes 11 different cryptocurrencies.
As reported by Arkham Intelligence, WLFI acquired 103.911 AVAX tokens and 2,45 million MNT tokens, following a significant acquisition of 541.783 SEI on Thursday. The firm’s investment portfolio has been struggling, reflecting unrealized losses that amount to $118 million, out of a total of approximately $343 million invested in various digital assets.
Trump’s World Liberty(@worldlibertyfi) bought 103,911 $AVAX ($2M) and 2.45M $MNT ($2M) 3 hours ago. In total, #WorldLiberty has spent $343M on 11 different tokens—but every single one is in the red, with a total loss of $118M!
— Lookonchain (@lookonchain) March 16, 2025
Ethereum takes up the majority of this portfolio, with 58% of investments, which equates to around $88 million in losses to date. This distribution highlights WLFI’s strong bet on the future appreciation of these technologies.
This financial move comes at an interesting time, as WLFI completed a token sale that raised $550 million the previous Wednesday. Eric Trump, the project’s web3 ambassador, expressed optimism about the future after the sale, stating that “there are exciting developments on the horizon.”
Additionally, WLFI has been seeking to strengthen its position through strategic partnerships, such as the recently announced partnership with the Sui Foundation. The plan is to integrate Sui’s assets into WLFI’s strategic token reserve and collaborate on the development of new products, an initiative that could significantly enrich the DeFi ecosystem associated with the project.