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Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

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Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Trump-Backed WLFI Invests $343M in Crypto, Faces $109M Loss

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The post Trump-Backed WLFI Invests $343M in Crypto, Faces $109M Loss appeared first on Coinpedia Fintech News

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.

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