Donald Trump’s Crypto Gambit: $54 Million Ethereum, Chainlink, and More Bought Before Inauguration
In a dramatic and strategic move, the team behind Donald Trump’s cryptocurrency operations has embarked on an aggressive accumulation spree, acquiring over $54 million worth of digital assets just hours before his 2025 inauguration. The purchases, linked to World Liberty Financial (WLFI), the Trump family’s crypto venture, signal a bold embrace of blockchain technology at the highest level of government.
Trump’s Crypto Portfolio Expands
According to blockchain intelligence platform Arkham, WLFI made substantial acquisitions in the lead-up to the inauguration. The haul includes significant stakes in several major cryptocurrencies:
- $4.7 million in Chainlink (LINK)
- $4.7 million in Aave (AAVE)
- $4.7 million in TRON (TRX)
- $4.7 million in Ethena (ENA)
- $14.1 million in Wrapped Bitcoin (WBTC) (purchased in three separate transactions)
- $18.8 million in Ethereum (ETH) (purchased in four separate transactions)
A Symbolic Bitcoin Purchase During the Oath
Perhaps the most striking moment of this crypto accumulation spree occurred at the precise moment Donald Trump was sworn in as the 47th President of the United States by Justice Brett Kavanaugh. Arkham reported that WLFI purchased an additional $4.69 million worth of Wrapped Bitcoin (WBTC) at that very instant, marking a symbolic commitment to the digital asset space.
A Growing Crypto Empire
As of now, data from Arkham indicates that World Liberty Financial holds $329 million in cryptocurrency assets. Meanwhile, Trump’s personal wallet contains approximately $9.6 million in crypto, further cementing his stake in the market. His official memecoin, TRUMP, boasts a fully diluted valuation (FDV) of over $44 billion, with an estimated 80% controlled by his team’s wallets.
Even First Lady Melania Trump has entered the crypto fray, launching her own memecoin, which has astonishingly reached a market valuation of over $6 billion.
What Does This Mean for Crypto?
Trump’s administration is already shaping up to be the most crypto-friendly in U.S. history. His direct involvement in the space, coupled with his team’s strategic acquisitions, signals a potential shift in federal policy toward blockchain technology. Whether this move is purely financial or part of a broader regulatory and economic strategy remains to be seen, but one thing is clear: crypto is now deeply intertwined with U.S. politics.
With the Trump team actively investing and influencing the digital asset market, investors and policymakers alike will be watching closely. The coming months could reveal whether this is a short-term speculation play or the beginning of a long-term crypto revolution led from the Oval Office.