World Liberty Financial Expands Crypto Holdings Amid Binance Denial

World Liberty Financial (WLFI), a decentralized finance (DeFi) project with ties to the Trump family, has expanded its crypto portfolio by acquiring Avalanche (AVAX) and Mantle (MNT) tokens worth $4 million. This move adds to its growing investment strategy, pushing its total digital asset holdings beyond $340 million across multiple cryptocurrencies. Recent blockchain data revealed that WLFI allocated $2 million for the purchase of over 103,000 AVAX tokens, while another $2 million was used to acquire 2.45 million MNT tokens. These purchases further diversify WLFI’s portfolio, which already includes Ethereum ( ETH ), Wrapped Bitcoin (WBTC), Tron (TRX), Chainlink (LINK), Aave (AAVE), Ethena (ENA), Movement (MOVE), Ondo (ONDO), and SEI. The latest investments signal an ongoing expansion, though some analysts speculate that these transactions could be part of a broader token swap strategy. A crypto researcher observed that several projects in WLFI’s portfolio also maintain financial ties with the company, suggesting a pattern of reciprocal investments within the DeFi ecosystem. This strategy appears to strengthen WLFI’s influence in the blockchain space. Despite these acquisitions, WLFI's portfolio remains at a significant unrealized loss, with estimates pointing to a deficit of over $100 million. Ethereum alone accounts for a large portion of these losses, reflecting the volatile nature of digital asset investments. However, WLFI continues to expand its holdings, showing confidence in its long-term strategy. These developments come amid reports suggesting WLFI was in talks with Binance for a potential investment. Major financial news sources recently claimed the DeFi project had engaged in discussions with the exchange. However, WLFI strongly denied these claims, dismissing them as politically motivated and aimed at damaging the crypto sector’s reputation. The company instead reaffirmed its focus on decentralized finance, stating that it is committed to building a financial system aimed at democratizing access to digital assets. In its response, WLFI emphasized its partnerships with leading blockchain projects and its mission to promote financial inclusion. Additionally, WLFI recently concluded a successful token sale, raising hundreds of millions in funding. The project’s token will serve as its governance tool, allowing holders to participate in decision-making processes and shape the future of the platform. This decentralized model ensures that stakeholders play a direct role in determining key aspects of the project’s development. As WLFI continues to expand its crypto investments and strengthen its ecosystem, market observers remain focused on how its strategies will impact the broader DeFi landscape.