World Liberty Financial, associated with Donald Trump, $TRUMP
has purchased an additional $9.8 million in Wrapped Bitcoin (WBTC), $WBTC
reflecting growing institutional interest in digital assets.
Why WBTC Matters:
š¹ Increased Utility: Enables Bitcoin use in Ethereum-based DeFi activities.
š¹ Transparency: On-chain transactions provide auditability.
š¹ Diversification: Institutions are leveraging WBTC to hedge risks.
Key Stats:
š¹ 160K+ WBTC $WBTC in circulation (~$6.5B)
š¹ 80% growth in DeFi usage since 2023
š¹ 20% held by institutions
This acquisition highlights the expanding role of tokenized Bitcoin in institutional portfolios
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