- Eric Trump announced WLF’s TRUMP Memecoin acquisition.
- TRUMP Memecoin price rose by 8%.
- No significant spillover to other crypto assets.
World Liberty Financial has acquired a major stake in the TRUMP Memecoin, announced by Eric Trump on June 6, 2025.
World Liberty Financial’s acquisition indicates potential longer-term commitment and market confidence in TRUMP Memecoin.
Eric Trump, son of the former US President, announced on his social media that World Liberty Financial would acquire a significant stake in the TRUMP Memecoin. “I am proud to announce the $TRUMP Meme Coin has aligned with @WorldLibertyFi. World Liberty Financial plans to acquire a substantial position in $TRUMP for their Long-Term Treasury.”
The announcement sparked a price increase, with TRUMP Memecoin jumping by 8%.
World Liberty Financial, led by Eric Trump, focuses on patriotic-themed strategies. Despite lacking detailed statements from company executives, the announcement marks a pivotal move into the crypto market, emphasizing their treasury involvement.
The acquisition notably impacted the TRUMP Memecoin, surging by 8% post-announcement. However, no significant impact is observed on other major cryptocurrencies like ETH and BTC, as activity remains localized to the TRUMP asset.
Financially, WLF’s investment suggests confidence in the TRUMP Memecoin’s long-term value. However, absence of declarations from regulatory entities like the SEC raises questions about compliance and adjustments within crypto regulations.
Future implications include expected volatility due to the scheduled unlocking of $520 million worth TRUMP tokens in July 2025. Historical trends from similar celebrity-endorsed memecoins indicate potential short-lived momentum unless further utility enhances the asset’s ecosystem.
