Eric Trump: “World Liberty Financial (WLFI) Will Acquire $TRUMP Memecoin!”
Jakarta, Pintu News – World Liberty Financial (WLFI) has announced its ambitious plans to acquire a large position in $TRUMP memecoin. The move was announced by Eric Trump via the X platform, marking a new chapter in WLFI’s long-term investment strategy.
This involvement not only confirms WLFI’s commitment to the future of crypto, but also demonstrates the Trump family’s growing influence in the industry. With a focus on building and promoting $TRUMP, WLFI hopes to strengthen its position in the digital asset market.
Check out the full information here!
Investment Strategy and Trump Family Influence
The investment by WLFI in $TRUMP memecoins is part of their long-term treasury strategy. Eric Trump emphasized that it’s not just about the token, but about a bigger vision for a patriotic and long-term successful crypto future.
This engagement also reflects confidence in the value of the Trump brand in the growing crypto ecosystem. With the planned meme wallet development canceled, WLFI is now fully focused on the development and promotion of $TRUMP, which is expected to bring new innovations to the crypto space.
Read also: 3 Altcoins Worth Watching in June 2025, Ready to Breach ATH?
Controversy and Legal Resolution
This move followed a controversy over the launch of a Trump-themed crypto wallet that was eventually canceled. The wallet project, which was initially co-developed with Magic Eden, was halted after the Trump family issued an official statement rejecting their involvement.
The legal action taken by WLFI is necessary to maintain the integrity of the Trump brand and ensure there is no affiliation with unauthorized products. This demonstrates WLFI’s serious commitment to protecting the value and reputation associated with the brand.
Also read: Crypto ETF Managers’ ‘First-to-File’ Rule Reconsideration to SEC!
Market Impact and Community Reaction
The partnership announcement has received a positive reaction in the market, with the price of $TRUMP rising to $10.08, registering a daily gain of 2.90%. This increase shows investor confidence in the long-term potential of $TRUMP memecoin.
On the other hand, the decision to halt the development of meme wallets has negatively impacted Magic Eden, which has lost the profits made previously.
Long-term support from WLFI is expected to play a crucial role in providing liquidity for the $TRUMP memecoin project.
Conclusion
With this major move, WLFI not only strengthens its position in the digital asset market, but also reaffirms the Trump family’s commitment to advancing Web3 and crypto technologies.
Despite the challenges and controversies, this strategic move is expected to bring new innovation and growth in the crypto industry. This engagement also shows how politics, business, and digital assets can be intertwined in creating new opportunities.
That’s the latest information about crypto. Follow us on Google News to stay up-to-date on the world of crypto and blockchain technology.
Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, experience web trading with advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro. Pintu Pro Futures is also available, where you can buy bitcoin leverage, trade btc futures, eth futures and sol futures easily from your desktop!
*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
Reference
- Coingape. World Liberty Financial to Acquire Major Stake in Trump Meme Coin. Accessed on June 9, 2025
- Crypto Times. World Liberty Financial Joins Trump Memecoin with Big Investment. Accessed on June 9, 2025
- Coinpedia. World Liberty Announces Strategic Acquisition of Official Trump and the Closure of Trump Meme Wallet. Accessed on June 9, 2025
- Featured Image: The Blockchain
