World Liberty Financial (WLFI), a Trump family-backed project, recently spent $3 million to acquire 3.539 million Mantle ($MNT) tokens at an average price of $0.84. In total, WLFI has invested $343 million across 11 cryptocurrencies, including ETH, WBTC, TRX, LINK, and AVAX. However, the firm currently faces an overall floating loss of approximately $109 million. Despite the downturn, WLFI continues to bet big on the long-term potential of digital assets.
Source: https://coinpedia.org/crypto-live-news/trump-backed-wlfi-invests-343m-in-crypto-faces-109m-loss/