According to on-chain data from Arkham Intelligence, World Liberty Fi recently acquired $775,000 worth of crypto token using USD Coin (USDC).
The purchase of Sei (SEI) has caught the attention of crypto traders and supporters alike, coming at a time when SEI has already shown strong momentum.
SEI prices have surged 7.8% over the past 24 hours and climbed another 3.4% in just the last hour, adding to the market’s enthusiasm following the announcement.
Project’s Portfolio Tops $101 Million
World Liberty Fi, a project widely believed to be controlled by members of the Trump family, has become increasingly influential in the digital asset space. The latest data shows the project’s total crypto portfolio is now valued at over $101 million, with a 24-hour performance increase of +1.18%.
The move into SEI tokens suggests a growing diversification strategy by the project, which continues to attract headlines since Donald Trump’s return to the White House.
More eyes are now on SEI’s next price move as retail traders speculate on further accumulation or potential public endorsements from the Trump-linked venture.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/trump-backed-crypto-venture-buys-almost-1-million-from-this-altcoin/