Trump Family-Backed WLFI Acquires 3.54M MNT Tokens Following Mantle Hard Fork

World Liberty Financial (WLFI), a DeFi project supported by the Trump family, has purchased approximately 3.54 million MNT tokens for nearly $3 million USDC. The acquisition follows the recent hard fork on the Mantle Network, which activated EigenDA to significantly enhance the network’s throughput and scalability. MNT, the native token serving as both a utility for gas fees and a governance mechanism within the Mantle ecosystem, experienced a 6% price surge to 83 cents as of press time. This strategic move bolsters WLFI's diversified crypto portfolio, adding to its holdings that include tokens such as ETH, WBTC, TRX, LINK, AAVE, and others, despite the firm still recording paper losses of $111 million. The integration of EigenDA is expected to improve Mantle’s compatibility with Ethereum’s forthcoming upgrades, positioning the network for better performance in processing higher transaction volumes.