$2M Token Purchase by World Liberty Financial Sends LINK, AAVE Soaring 30%

Trump-Linked World Liberty Financial Sparks Token Rally With Multi-Million Dollar Purchases

Early Thursday, wallets associated with the Trump-backed World Liberty Financial (WLFI) initiative caused a stir in the crypto market, triggering sharp price surges for several major tokens after significant purchases.

World Liberty Financial is a comprehensive DeFi platform offering services such as lending, borrowing, liquidity provision, and stablecoin transactions. The platform operates under the governance of the WLFI token, which drives its decentralized decision-making.

President-elect Donald Trump holds the title of “chief crypto advocate” for WLFI, with Eric and Donald Trump Jr. serving as “web3 ambassadors,” and Barron Trump taking the role of “DeFi visionary.”

Market Buys Drive Price Spikes

The WLFI-linked wallets acquired $10 million in ether (ETH), along with $1 million each in AAVE and Chainlink’s LINK tokens. Following these transactions, ETH climbed 7%, while AAVE and LINK surged by 30%, reflecting renewed bullish sentiment.

The purchases add to a $30 million spree over the past 12 days, during which WLFI wallets acquired 8,105 ETH at an average price of $3,700, according to Spot on Chain.

Prominent trader @TheFlowHorse remarked, “These buys align with Trump’s WLFI plans, potentially positioning these tokens for strategic use within the platform’s ecosystem.”

Strengthening Chainlink Integration

World Liberty Financial has adopted Chainlink’s oracle and interoperability solutions to enhance data reliability and cross-chain functionality. This relationship was further solidified with the recent $1 million LINK purchase.

“WLFI and Chainlink are setting the foundation for a new era of DeFi scalability,” said Zach Rynes, Chainlink’s community liaison. “As regulatory clarity emerges under the new administration, this partnership will enable DeFi to reach a broader audience.”

Custom Aave Instance Nears Approval

WLFI’s DAO recently proposed the launch of a dedicated Aave v3 instance, which aims to attract first-time DeFi users and share revenue with liquidity providers. This instance will utilize Aave’s existing framework, managed by external risk teams, and operate on Ethereum.

Governance data shows the proposal has already surpassed quorum, with the vote set to conclude on Dec. 13. The initiative underscores WLFI’s ambition to innovate within the DeFi sector while offering users enhanced opportunities to participate in decentralized finance.

World Liberty Financial’s recent actions demonstrate its commitment to advancing DeFi adoption, potentially positioning the platform as a leader in the evolving crypto economy.