World Liberty Financial (WLFI), a cryptocurrency initiative backed by the Trump family, has added 4.89 million SEI tokens to its holdings, valued at approximately $775,000.
The purchase was carried out on April 12 by one of WLFI's trading wallets, funded with USDC transferred from the project's main wallet, according to onchain data reviewed by blockchain analytics firm Arkham Intelligence.
This particular wallet has previously been used to accumulate a variety of altcoins.
Trump-Backed WLFI Expands Diverse Crypto Portfolio with Addition of SEI
WLFI's portfolio includes major cryptocurrencies such as Bitcoin (BTC) and Ether (ETH), along with other altcoins like Tron (TRX), Ondo Finance (ONDO), Avalanche (AVAX), and now Sei (SEI).
According to blockchain researcher Lookonchain, WLFI has spent over $346 million acquiring 11 different tokens to date.
However, the project has yet to turn a profit on any of its holdings.
As of April 12, WLFI's overall portfolio was down by $145.8 million, with its Ethereum holdings alone currently showing a loss of more than $114 million.
The SEI acquisition comes amid broader speculation about the Trump family's involvement in crypto markets.
On February 3, Eric Trump posted on X (formerly Twitter), calling it "a great time to add $ETH."
The post was later edited to remove the phrase "you can thank me later."
Since that tweet, the price of Ether has fallen significantly—dropping from $2,879 to $1,611, according to CoinGecko, a decline of around 55%.
WLFI’s USD1 Stablecoin Logo Quietly Appears on Coinbase, Binance, and CoinMarketCap
In related developments, what appears to be the unofficial logo of WLFI's upcoming stablecoin, USD1, has surfaced on platforms like Coinbase, Binance, and CoinMarketCap.
While WLFI has not issued any official statements regarding the branding, observers believe the appearance of the icon may signal a soft rollout.
Since it's shown on @binance & @coinbase it should be official.
I expect to see the full rollout and an announcement by @worldlibertyfi next week.
What do you guys think about the Logo?
Personally I think it's pretty mid
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