World Liberty Financial, a cryptocurrency initiative associated with the family of former U.S. President Donald Trump, has acquired $775,000 worth of SEI tokens as part of its ongoing strategy to accumulate various altcoins.
This purchase was financed through USDC transferred from the project’s main wallet to a trading wallet used for previous altcoin acquisitions, as indicated by new data from Arkham Intelligence.
The acquisition of SEI tokens enhances an expanding portfolio, which already contains leading cryptocurrencies like bitcoin (BTC) and ether (ETH), along with TRX, MOVE, ONDO, and a range of other tokens.
Recently, World Liberty Financial publicly rejected claims that it had sold ether or any of its other holdings, dispelling rumors about a wallet linked to the project selling approximately $8 million of ether.
Following the announcement of the SEI purchase, its price surged, increasing by over 27% in the past week, bringing its trading price to $0.178 per token.