In a surprising development, World Liberty Financial (WLFI), a cryptocurrency initiative led by President Donald Trump, has accumulated more than $388 million in digital assets. What Happened: Blockchain analytics platform Arkham disclosed that WLFI augmented its cryptocurrency portfolio by procuring a significant amount of Ethereum (CRYPTO: ETH) and Tron (CRYPTO: TRX).

President Trump's crypto project World Liberty Financial (WLFI) has now acquired over $388 million worth of digital assets, according to on-chain data.

By Michelle Conlin and Tom Wilson NEW YORK/LONDON (Reuters) -On Sunday, just before Donald Trump's inauguration, crypto investor Mike Dudas bought more than $145,000 worth of tokens from World Liberty Financial,

World Liberty Financial, the decentralized finance (DeFi) project linked to President Donald Trump, plans to buy more of Tron's TRX token just days after a $2.6 million purchase, according to a person familiar with its plans.

Unlike typical crypto investments, the World Liberty Financial tokens give their holders a vote on decisions about product features and marketing. Crypto tokens such as bitcoin and ether can be used for payments or developing applications.

World Liberty Financial, linked to Donald Trump, purchased 4 ENS domains before his inauguration, including trumpcoin.eth and erictrump.eth.

World Liberty Financial Financial (WLFI), the crypto project backed by the family of U.S. President Donald Trump, has made another purchase of Tron's TRX for its treasury on-chain data shows.

On-chain data platform Onchain Lens tweeted that the Trump-backed crypto venture World Liberty Financial has purchased about 177,928 LINK tokens today worth over $4.7 million. The crypto venture purchased other coins,