
World Liberty Financial Acquires $6.52M in LINK Tokens, Boosting Portfolio
In a notable development, World Liberty Financial has announced the acquisition of 256,315 Chainlink (LINK) tokens, valued at a staggering $6.52 million. This significant investment underscores the institution’s commitment to blockchain integration and its conviction in the long-term potential of digital assets.
The allocation of LINK tokens within World Liberty Financial’s portfolio now stands at approximately 2.04% of the total value, which amounts to $318.35 million. The addition of these tokens will undoubtedly bolster the institution’s exposure to the blockchain sector, further solidifying its position as a major player in the crypto market.
The acquisition comes amid a period of steady growth for LINK, with the token maintaining a consistent market price of $25.42. The recent surge in open interest and trading volume has contributed significantly to this stability, as investors increasingly seek exposure to decentralized oracle networks.
The $6.52 million valuation of the acquired tokens underscores the importance of blockchain-backed assets within institutional portfolios. World Liberty Financial’s decision to allocate such a substantial amount to LINK highlights its willingness to adapt to market trends and capitalize on opportunities that align with its investment strategy.
It is worth noting that LINK’s price recently reached $24.99, accompanied by an unprecedented open interest of $1.07 billion. Moreover, the trading volume has seen significant spikes throughout 2024 and early 2025, coinciding with periods of heightened market activity and price fluctuations.
Source: cryptonewsland.com