Trump-Backed DeFi Platform Fuels Crypto Rally With $12M Token Acquisitions

The crypto market saw a sudden surge Thursday after wallets tied to World Liberty Financial (WLFI), a DeFi platform championed by the Trump family, made multi-million-dollar token purchases.

World Liberty Financial offers lending, borrowing, and liquidity services while supporting stablecoin transactions. Its governance token, WLFI, powers the platform’s decision-making processes.

President-elect Donald Trump, dubbed the “chief crypto advocate,” leads the project alongside Eric and Donald Trump Jr. as “web3 ambassadors,” with Barron Trump taking the role of “DeFi visionary.”

Token Purchases Ignite Market Gains

On Thursday, WLFI-associated wallets bought $10 million worth of ether (ETH), alongside $1 million each in AAVE and Chainlink’s LINK tokens. Following the purchases, ETH rose 7%, while AAVE and LINK prices spiked 30%, signaling strong market optimism.

The purchases are part of a broader strategy, with WLFI wallets accumulating 8,105 ETH valued at $30 million over the past two weeks at an average price of $3,700, data from Spot on Chain reveals.

Crypto analyst @TheFlowHorse commented, “This buying activity signals strategic positioning by WLFI, likely tied to upcoming platform developments that could elevate these tokens’ utility and adoption.”

Strengthening DeFi Infrastructure

World Liberty Financial has heavily integrated Chainlink’s technology for reliable data feeds and cross-chain operability. The recent $1 million LINK purchase highlights the partnership’s growing importance.

Zach Rynes, Chainlink’s community liaison, remarked, “WLFI and Chainlink are creating a blueprint for scalable DeFi solutions. With regulatory clarity on the horizon, their alignment positions both ecosystems for exponential growth.”

Aave Integration Proposal Gathers Momentum

A WLFI proposal to deploy a custom Aave v3 instance has already met quorum, with the vote closing on Dec. 13. This instance, managed by external risk teams and built on Ethereum, aims to attract new users and share revenue with liquidity providers.

This move aligns with WLFI’s goal of democratizing DeFi access while expanding its market presence.

As World Liberty Financial solidifies its role in the decentralized finance space, its aggressive token acquisitions and ecosystem expansions are shaping up to be a major force driving adoption and innovation in the sector.