The U.S. President Donald Trump’s prominent crypto venture named World LibertyFi has made a considerable purchase of $SEI tokens. As per the data from Arkham, World LibertyFi of Donald Trump has spent a massive amount of $775,000 in $USDC tokens to buy out $SEI tokens. The blockchain intelligence platform took to social media to disclose this development.
The project has invested in 11 different coins so far. However, every single coin bought by World LibertyFi is in loss. Today’s buying signals that the project is buying the dip to lower its average buying price.
World LibertyFi Venture of Donald Trump Purchases $SEI for $775K
The buyout of $SEI by World Liberty Fi is a noteworthy move that has grasped the attention of the crypto community. This buyout influenced the expenditure of up to $775,000 in the form of $USDC tokens. The respective $USDC tokens were reportedly transferred to the settlement contract of CoW Protocol. The subsequent transfer resulted in the return of approximately 4.894M $SEI tokens. These transactions were noted and reported through block explorers, highlighting a rise in activity as well as strategic financial moves carried out by the venture.
Executing Comprehensive Strategy for Digital Asset Diversification
According to Arkham, the development of the notable $SEI buyout by World Liberty Finance reportedly triggers questions concerning its future strategy. Nevertheless, it is not clear whether this move accounts for a strategic accumulation before a wider partnership or just a development initiative. Over the past few days, the crypto venture has obtained diverse assets such as $PAXG, $USDT, and wrapped $BTC alternatives. This indicates World LibertyFi’s diversified digital asset plan.
