Trump-Linked World Liberty Financial Buys $775K in SEI Amid $347M Altcoin Spree

World Liberty Financial Adds SEI to Its Growing Altcoin Portfolio

World Liberty Financial (WLFI) — a crypto venture tied to the Trump family — has added 4.89 million SEI tokens, valued at approximately $775,000, to its portfolio, according to data from Arkham Intelligence. The purchase was made on April 12 through one of WLFI’s known trading wallets, funded by USDC transferred from the project's main account.

This same wallet has been used for previous altcoin acquisitions, as WLFI continues its aggressive strategy of diversifying across the crypto market.

$347M Spent, $145.8M in Losses

Despite a portfolio now totaling over $346.8 million across 11 different tokens, WLFI has yet to realize a profit on any of its investments, according to blockchain sleuths at Lookonchain.

Among the holdings are:

• Bitcoin (BTC) – $84,775

• Ethereum (ETH) – $1,639

• Tron (TRX) – $0.2563

• Ondo Finance (ONDO) – $0.8737

• Avalanche (AVAX) – $20.20

• Sei (SEI) – $0.1603

World Liberty Financial’s current on-paper profit/loss on its altcoins. Source: Lookonchain 

Ethereum has proven to be WLFI’s biggest drag, with the project currently down over $114 million on ETH alone. The overall portfolio shows a paper loss of $145.8 million as of April 12.

Eric Trump’s ETH Tweet Didn’t Age Well

On February 3, Eric Trump took to X to promote Ethereum, writing:

“In my opinion, it’s a great time to add $ETH.”

The original tweet included the phrase “you can thank me later,” which has since been quietly edited out. Unfortunately for followers who may have acted on the advice, ETH has dropped 55% since that post — from $2,879 down to $1,611 at the time of writing.

WLFI’s Stablecoin Logo Appears on Major Platforms

In a surprise move, WLFI’s USD1 stablecoin logo has begun appearing across major exchanges and aggregators like Coinbase, Binance, and CoinMarketCap, despite no formal announcement from the project.

This apparent soft launch has stirred political controversy, with lawmakers questioning Trump’s ambitions for USD1 and its potential role in U.S. financial infrastructure.

Observers speculate this is USD1’s new logo. Source: Binance 

Lawmakers Sound Alarm on Trump’s Stablecoin

During an April 2 U.S. House Financial Services Committee hearing on stablecoin regulation, Representative Maxine Waters expressed concern that Trump may aim to make USD1 a national payment standard.

“Trump likely wants the entire government to use stablecoins […] And which coin do you think Trump would replace the dollar with? His own, of course,” Waters said.

Republican Chair French Hill echoed similar worries, warning that presidential control over a stablecoin project would be a serious conflict of interest.

“If there is no effort to block the president […] from owning his stablecoin business, I cannot support this bill,” Hill stated.