Trump’s WLFI has invested a total of $336 million in crypto, with a floating loss of about $88 million

Arkham Intelligence’s analytic platform has revealed that World Liberty Financial (WLF), a Trump-backed crypto project, has purchased another $21.5 million in tokens. The crypto organization has added more coins, including $10 million WBTC (110 tokens), $10 million Ethereum (4468 tokens), and $1.5 million MOVE (3.42M tokens).

The analytic platform also noted that WLFI had invested a total of $336 million in nine tokens, including ETH, WBTC, TRX, LINK, AAVE, ENA, MOVE, ONDO, and SEI. The move to purchase more coins came with more than a day left before the White House Crypto Summit in the early morning of March 7.

WLFI invests an additional $21.5M in tokens

The Trump family-backed crypto project World Liberty Financial announced on March 6 an additional investment of $21.5 million in tokens. WLFI has purchased $10 million Wrapped Bitcoin (110 WBTC), $10 million Ethereum (4468 ETH), and $1.5 million Movement (3.42 million MOVE). Arkham Intelligence noted that the crypto project has already spent a total of $336 million to invest in 9 tokens. 

“Despite the market drawdown from Trump’s tariffs, he keeps buying back ETH through his company on every dip. This should clearly signal only a bullish sentiment and shows how serious he is about crypto.”

– Rekt Fencer, Founder of X DAO

There is no way to know whether WLFI sold the assets because the project transferred most of the tokens to Coinbase Prime some time ago. World Liberty Financial also acknowledged that they have not sold any of their assets so far.

The analytic platform expects WLFI’s current paper loss to reach $88 million if the assets have not been sold. The firm noted that Ethena might experience the largest loss percentage, around 63%. Ethereum is also expected to have the largest loss amount, $67.35 million ETH, roughly a 31% drop.

It’s worth noting that the additional investment of $21.5M tokens by WLFI came in the wake of the upcoming White House Crypto Summit in the early morning of March 7. Rekt Fencer, Founder of X DAO, mentioned that the crypto summit will be the biggest catalyst and a key turning point for the crypto markets this week. He also expects a shocking outcome in the crypto market because Bitcoin and the crypto reserve will be in discussions at the summit.

Fencer pointed out some probable results at the summit, such as a 0% tax for U.S. crypto projects, clarity on BTC reserve implementation, and new details on the crypto reserve. He also believes that WLFI’s additional investment indicated a bullish sentiment on crypto even after a market drop from Trump’s tariffs.

Trump hosts the White House Crypto Summit tomorrow

Donald Trump revealed on Sunday some plans for the reserve to include alternative digital assets such as XRP, SOL, and ADA. He also added that BTC and ETH “will also be at the heart of the Reserve.” The event will also discuss the development of regulatory frameworks surrounding virtual assets and central bank digital currencies (CBDCs).

Coinbase CEO Brian Armstrong highlighted on Sunday that BTC would probably be the best option for a strategic reserve because it’s simple and has a clear story as a successor to gold. Armstrong also argued that if people preferred more variety, they could do a market cap-weighted index of digital currencies to keep it unbiased.

Commerce Secretary Howard Lutnick acknowledged on Tuesday that Bitcoin would be treated differently than the altcoins the President mentioned in his announcement. Lutnick said that Trump spoke about a BTC reserve all during the campaign trail, and “I think you’re going to see it executed on Friday.

The summit will feature CEOs, investors and other influential figures from the crypto space, including Ripple CEO Brad Garlinghouse, Chainlink co-founder Sergey Nazarov, and Exodus CEO JP Richardson. Fox Business reporter Eleanor Terrett also revealed that the roundtable will include more than 25 participants, including members of the Presidential Working Group on Digital Assets.