World Liberty Financial (WLFI), the cryptocurrency investment platform backed by U.S. President Donald Trump, has reported $110 million in unrealized losses, according to data from Arkham Intelligence. The platform’s $336 million investment across nine cryptocurrencies is now worth approximately $226 million, with Ethereum (ETH) contributing to the majority of the downturn.
Ethereum Leads Portfolio Losses
Ethereum, which currently trades around $2,000 as of March 10, has been the biggest contributor to WLFI’s losses. The firm purchased ETH at an average price of $3,240, meaning its Ethereum holdings are now down by approximately $80.85 million, accounting for nearly 37% of WLFI’s total investment decline.
Despite Ethereum’s losses, Tron (TRX) has shown relative resilience, dropping just 5%. Other holdings contributing to WLFI’s unrealized losses include:
- stETH: Down by $10.27 million
- WHITE: Down by $5.87 million
- Movement (MOVE): Down by $3.5 million
- Ondo (ONDO): Down by $296,000
WLFI Continues Expansion Amid Losses
Despite its declining portfolio value, WLFI remains committed to expanding its network and increasing its holdings. On March 6, the company acquired an additional $21.5 million worth of Ethereum, Wrapped Bitcoin (WBTC), and Movement Network tokens. Additionally, WLFI recently announced a partnership with Sui, a blockchain project founded by former Meta programmers, to explore decentralized finance (DeFi) opportunities.
Speculations and Political Ties
The WLFI-Sui partnership has sparked speculation, with some suggesting that WLFI is looking to expand its presence in other blockchain ecosystems. Others question the true motivations behind the collaboration, given Trump’s growing influence in the crypto industry.
Since its founding in 2024, WLFI has positioned itself as a significant player in DeFi. Trump and his close allies control more than 60% of the project, and despite recent losses, WLFI successfully raised $300 million during its January 2025 token sale.
Potential Conflicts of Interest
As Trump’s administration works toward establishing a U.S. Strategic Bitcoin Reserve, critics have raised concerns about potential conflicts of interest regarding his deepening involvement in cryptocurrency markets.
The Trump Organization has denied any ethical violations, stating that WLFI is managed by an independent investment firm, Trump’s children, and an external ethics lawyer, with no direct control from the President himself.
While WLFI’s financial performance remains volatile, its continued expansion and political entanglements will likely keep the firm in the spotlight as it navigates both market challenges and regulatory scrutiny.
