World Liberty Financial (WLFI), a crypto project linked to the Trump family, has continued its aggressive altcoin acquisition spree with a $775,000 purchase of 4.89 million SEI tokens, according to data from Arkham Intelligence.
The onchain transaction, executed on April 12, was carried out by one of WLFI’s trading wallets funded via USDC transferred from its main treasury. This wallet has been actively used by WLFI in recent months to accumulate various cryptocurrencies.
The SEI addition brings the number of tokens in WLFI’s portfolio to 11, including major cryptocurrencies such as Bitcoin, Ethereum, and altcoins like Tron, Ondo Finance, and Avalanche.
$347 Million Spent — $145.8 Million in Unrealized Losses
Despite the high volume of investment, the Trump-affiliated project has yet to see a profit. According to blockchain researcher Lookonchain, WLFI has spent approximately $346.8 million on crypto assets but currently holds an unrealized loss of around $145.8 million.
Trump’s World Liberty(@worldlibertyfi) spent 775K $USDC to buy 4.89M $SEI again 1 hour ago.
In total, #WorldLiberty has spent $346.8M on 11 different tokens—but every single one is in the red, with a total loss of $145.8M!https://t.co/IzbZt1afkV pic.twitter.com/1lZchggiK5
— Lookonchain (@lookonchain) April 12, 2025
https://x.com/EricTrump/status/1886541132903133230
WLFI’s Ethereum position alone is reportedly down over $114 million, reflecting poor market timing and the volatility in digital assets.
The situation is compounded by a now-controversial February 3 X post from Eric Trump, who urged followers to buy ETH, stating, “It’s a great time to add $ETH.” The post originally included “you can thank me later,” which was later edited out. Since that tweet, ETH’s price has plummeted by 55%, dropping from $2,879 to $1,611.
WLFI’s USD1 Stablecoin Draws Political Scrutiny
In parallel with its trading activity, WLFI’s stablecoin USD1, is gaining visibility. Its logo has been spotted on major platforms like Coinbase, Binance, and CoinMarketCap, though no official branding announcement has been made.
However, USD1’s presence has triggered political concern in Washington. During an April 2 hearing on stablecoin legislation, Rep. Maxine Waters (D-CA) warned that President Donald Trump may aim to replace the US dollar with his own stablecoin for use across federal government programs.
“Trump likely wants the entire government to use stablecoins […] And which coin do you think Trump would replace the dollar with? His own, of course,” said Waters.
Her Republican counterpart, Rep. French Hill, echoed similar apprehensions.
“If there is no effort to block the president of the United States of America from owning his stablecoin business […] I would ask other members not to be enablers.”
What’s Next for WLFI?
As WLFI continues to expand its digital asset portfolio, on-chain transparency and political speculation are intensifying. Whether the Trump-linked venture can turn its massive investments profitable remains uncertain, especially in the face of mounting market losses and increasing regulatory pressure.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are volatile and risky. Always conduct your research before making any investment decisions.
