Trump’s World Liberty Financial buys $775K in SEI in altcoin buying spree

The Trump family-linked crypto project has now spent around $347 million buying altcoins — and has a paper loss on all of them, according to onchain analysis.

The Trump family-backed crypto project World Liberty Financial (WLFI) has added 4.89 million SEI tokens valued at $775,000 to its portfolio, according to onchain data.

Data from blockchain analytics firm Arkham Intelligence shows the purchase was made on April 12 by one of WLFI’s trading wallets using USDC transferred from the project’s main wallet. It’s the same trading wallet previously used by WLFI to accumulate other altcoins.

WLFI holds a diversified portfolio, including Bitcoin (BTC), Ether (ETH), and a larger number of altcoins, such as Tron (TRX), Ondo Finance (ONDO), Avalanche (AVAX) and now Sei (SEI).

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