World Liberty Financial, a crypto company associated with US President Donald Trump, is regularly buying crypto and enriching its portfolio.
There's nothing strange about that, but what is strange is what they're actually buying.
As of May 16, WLF holds $44M worth ETH, $31M worth of USDC, $16.96M in WBTC and $7.99 M in USDT.
So far so normal.
But then it also holds a lot of Tron (TRX), Mantle (MNT) and Eos (EOS).
Remember EOS? One of the OGs of crypto, we nearly forgot it exists.
Until today, WLF held $3 million worth of EOS, but the company has just acquired an additional 3.64 million EOS tokens for $3 million.
Maybe there's something they know that we don't.
Or maybe it's part of Trump's effort to favour US-based crypto projects.
Sort of. Because EOS was co-founded by an American-born Cayman guy, and it's based out of the Caymans.
Go figures.