Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Trump-backed World Liberty Financial buys more WBTC, MOVE tokens

Trump-backed World Liberty Financial buys more WBTC, MOVE tokens

The BlockThe Block2025/02/13 16:00
By:The Block

Quick Take World Liberty Financial spent its USDC holdings to purchase $1.4 million worth of MOVE and $5 million worth of wrapped BTC. It also staked 2,221 ETH with Lido Finance and deposited 5 million USDC into Aave’s lending protocol.

Trump-backed World Liberty Financial buys more WBTC, MOVE tokens image 0

World Liberty Financial, the DeFi project promoted by U.S. President Donald Trump, spent millions of USDC stablecoin to purchase MOVE and wrapped BTC, according to Nansen data.

In a series of transactions on Thursday, World Liberty spent around $1.4 million in USDC stablecoin to buy 2.52 million MOVE tokens. World Liberty also traded $5 million in USDC to purchase 52 wrapped BTC. 

MOVE is Movement Labs' native utility token. It was  reported that the company was in discussions with the Elon Musk-led Department of Government Efficiency. Movement Labs Founder Rushi Manche previously stated that the company and DOGE were not in close contact.

The Movement founder shared a social media post from Onchain Lens on World Liberty’s latest purchase and simply wrote , “More.”

In addition to purchases, the Trump-backed DeFi project staked 2,221 ETH ($5.9 million) with Lido Finance and deposited 5 million USDC into Aave's lending protocol on Thursday.

Earlier this week, World Liberty had acquired 830,469 MOVE tokens and 1,917 ETH by spending its USDC holdings, according to SpotOn Chain .

Since Nov. 30 last year, World Liberty has bought over $315 million worth of crypto, including 63,030 ETH at an average price of $3,331 and 699 wrapped BTC at an average of $105,197, according to Lookonchain . Other major purchases include millions of dollars worth of TRX, LINK, AAVE and ENA.  

Meanwhile, the project recently announced that it is forming a strategic token reserve called  Macro Strategy  to help the DeFi project diversify its funds, mitigate risks and act as a “robust financial backbone.”

World Liberty also said that it will make more effort to partner with traditional finance institutions and have them contribute their tokenized assets to the reserve.

“This initiative is more than just a strategic move; it is a testament to our unwavering dedication to innovation, collaboration, and the empowerment of our community,” the announcement said.

The yet-to-be-active World Liberty project has sold over 96% of its WLFI token supply, with around 926.9 million tokens remaining, according to its official  website . WLFI tokens are expected to give holders voting rights on project governance proposals and are non-transferable, unlike many other cryptocurrencies.


23

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

French AI start-up Mistral seeks funding at $10B valuation to compete with U.S., Chinese rivals

Share link:In this post: Mistral has announced its plan to raise $1B at a $10B valuation, up from €5.8B. The company’s revenue is on track to go beyond $100M annually. The raised funds may support its planned €8.5B data center project.

Cryptopolitan2025/08/03 00:45

Florida leads U.S. solar boom with 3GW surge, beating California

Share link:In this post: Florida added over 3GW of utility-scale solar in one year, surpassing California. Florida Power & Light built more than 70% of the state’s new solar capacity. Trump’s new law cuts solar tax credits, hurting homeowners and developers.

Cryptopolitan2025/08/03 00:45

Arthur Hayes calls BTC at $100K, ETH at $3K after dumping $10M+ crypto

Share link:In this post: Arthur Hayes sold over $13 million in crypto, including ETH, ENA, and PEPE, within hours. He predicts Bitcoin will “test” $100K and Ethereum will dip to $3K due to macroeconomic pressures. The BitMEX founder cites weak U.S. job data and the upcoming tariff bill as key bearish indicators.

Cryptopolitan2025/08/03 00:45
Arthur Hayes calls BTC at $100K, ETH at $3K after dumping $10M+ crypto

Anthropic restricts Claude API access for OpenAI

Share link:In this post: Anthropic cut OpenAI’s API access after discovering it was using Claude in violation of terms, allegedly to benchmark and fine-tune GPT-5 through unauthorized custom API integration. Anthropic will introduce weekly usage caps for Claude Code starting August 28, affecting all paid tiers, to reduce excessive background usage. High demand for Claude Code has strained Anthropic’s systems, causing multiple service outages in the past month.

Cryptopolitan2025/08/03 00:45
Anthropic restricts Claude API access for OpenAI