• Trump-linked World Liberty invests $13M, strengthening Ethereum reserves.
  • World Liberty now holds 73,616 ETH, worth about $275.9 million.
  • Companies shift from Bitcoin, adding Ethereum to balance sheets and earning yield.

World Liberty Financial has made headlines again this week. The crypto project, which is linked to U.S. President Donald Trump, has bought a large amount of Ethereum. On Tuesday, the company invested $13 million in order to acquire more ETH into its reserves.

World Liberty Now Holds 73,616 ETH Worth $275.9 Million

Arkham Intelligence data show that World Liberty purchased 3,473 ETH at an average of 3,743 dollars. These were purchases conducted in multiple wallets. Shortly afterward, the company put up this newly purchased Ethereum in the form of Aave, a widely used decentralized finance platform. This implies that World Liberty not only has ETH but also gains interest on its crypto.

Currently, World Liberty Financial holds approximately 73.616 ETH. This will be equivalent to approximately 275.9 million dollars at the present market rates. These numbers were given by Lookonchain. This demonstrates that World Liberty is very serious about the adoption of Ethereum in its long-term plan.

Besides, this is not an isolated move. Other large corporations are also investing in Ethereum in their balance sheets. Such companies as SharpLink and Bitmine have acquired ETH in recent future. Even BlackRock has been interested in increasing its digital asset portfolio by adding more exposure to Ethereum. This indicates that large organizations have taken Ethereum seriously as a digital asset.

Ethereum continues to gain popularity for a number of reasons. First, the developers and investors find it more efficient and useful due to its network upgrades. Second, it has a well-developed ecosystem, which continues to attract new projects and investors. This assists in instilling confidence in big buyers. Moreover, Ethereum is highly liquid, which means that it is simple to purchase and sell large quantities at a price that is not exposed to significant fluctuations.

Institutions Stay Bullish: Ether Machine, BTC Digital Expand Ethereum Holdings

The newest trend by World Liberty Financial introduces a lot of volume into the daily market operations of Ethereum. Such large-scale purchases may affect the price of ETH since they exert pressure on supply. The market observers spotted an increment in prices following the recent purchase. This implies that traders consider good buying as a good indication.

This buy shows that institutional buyers still feel good about Ethereum’s future. Such positive feeling drives prices up and maintain the market dynamic. This trend is also being aided by other projects. As an example, Ether Machine, a 1.6 billion project has entered the Ethereum market.

Another company that is purchasing more ETH is BTC Digital Ltd., which is listed on Nasdaq. It has just invested 5 million dollars to increase its portfolio. This took the total reserve of ETH by BTC Digital to 2,135 ETH. These activities indicate that Ethereum is a long-term investment for many firms.

The approach used by World Liberty Financial indicates the change in the attitude to crypto by companies. They do not simply purchase Bitcoin any longer. Ethereum is now finding its way into corporate treasury strategies. They can also get additional income by collateralizing their ETH in platforms such as Aave.

In short, the 13 million ETH bought by World Liberty Financial represents a good level of institutional trust. Other large companies are also marching in this direction. In case this tendency persists, Ethereum might become an even larger participant in the corporate financial world. Companies such as World Liberty will continue to increase their crypto reserves, and the market will monitor the process.

The post Trump-Linked World Liberty Buys $13M in Ethereum for Reserves appeared first on Live Bitcoin News.

Source link





News Source link