World Liberty Financial, a Crypto Investment Fund Associated with Donald Trump, Has Added EOS to Its Growing Portfolio

World Liberty Financial, a crypto investment fund associated with Donald Trump, has added EOS to its growing portfolio with a 3 million USDT purchase.

A crypto investment fund with ties to Donald Trump, known as World Liberty Financial, has added 3 million USDT worth of EOS to its portfolio.

According to blockchain analysis firm Lookonchain, the transaction took place on PancakeSwap, where World Liberty's hot wallet acquired 3.64 million EOS tokens at an average price of $0.824 per token.

Following the large purchase, EOS has seen a price surge of 8.7% over the past 24 hours. At press time, the token is trading between $0.7653 and $0.8601 in its 24-hour range. Despite this recent uptick, EOS has registered a 2.3% decline over the past week.

According to data from Arkham, World Liberty Financial has built a diversified portfolio of cryptocurrencies with a current value of $106,950,402. The fund holds positions in several top cryptocurrencies and stablecoins.

Its largest holdings are 162.69 WBTC (wrapped Bitcoin) valued at approximately $26.8 million, 22.374 million USDC valued at $22.37 million, and 7,933 ETH valued at approximately $20.6 million. The fund also has holdings in staked Ethereum (stETH), TRON (TRX), and stablecoins.

This purchase comes as part of World Liberty's broader investment strategy, which focuses on identifying emerging trends and investing in assets with the potential for substantial returns.

While the fund's portfolio includes positions in Bitcoin and Ethereum, the EOS buy may be noteworthy due to the lower market cap of the cryptocurrency.

This suggests an interest in investing in cryptocurrencies with a higher growth potential, especially in the realm of Layer-1 blockchains.

For EOS, which has been struggling to maintain relevance following its early 2018 peak, attention from institutional investment funds could be a sign of revival for the blockchain.

However, it's important to note that the true nature of this involvement remains unclear, and any inferences about Trump family ties should be approached with skepticism, especially in the context of a recent report by the Economic Intelligence Service (EIS).

The EIS report, which focuses on Pakistan, claims that the family may be interested in investing in a crypto project linked to the Islamic State (ISIS).

This report, however, has been disputed by other sources, who assert that the report's assertions are false and that there is no evidence to support such claims.

As for World Liberty Financial, it is a crypto investment fund that has been amassing a sizable fortune. According to on-chain data, the fund's portfolio is currently valued at over $100 million.

The fund's founders include members of the Trump family, and it is rumored to be involved in several charitable initiatives.