World Liberty Financial moves $775K to wallet used for altcoin purchases

World Liberty Financial moves $775K to wallet used for altcoin purchases


Key Takeaways

World Liberty Financial transferred $775,000 in USDC for altcoin investment on Thursday.
The project holds a diverse portfolio and is expanding its blockchain collaborations.

Share this article

World Liberty Financial (WLFI) on Thursday transferred $775,000 in USDC from its main wallet to a secondary wallet primarily used for purchasing altcoins, according to data tracked by Arkham Intelligence.

okex

The transfer comes after the project acquired over 3.54 million Mantle (MNT) on March 23. The week prior, WLFI had added $4 million worth of MNT and AVAX tokens to its portfolio.

In addition to MNT and AVAX, the project holds nine other digital assets including Ethereum (ETH), Wrapped Bitcoin (WBTC), Tron (TRX), Chainlink (LINK), Aave (AAVE), Ethena (ENA), MOVE (MOVE), Ondo (ONDO), and Sei (SEI).

World Liberty Financial recently established a strategic collaboration with Sui blockchain, aiming to integrate Sui’s technology into its ecosystem and explore next-generation blockchain applications focused on decentralized finance.

The project, endorsed by President Trump, plans to add Sui tokens to its “Macro Strategy” reserve as part of the partnership.

WLFI is launching USD1, a stablecoin for institutions and sovereign investors that will be redeemable one-to-one for US dollars. The team also conducted test transfers on its new stablecoin.

The stablecoin, backed by US government treasuries, dollar deposits, and cash equivalents, will launch on Ethereum and Binance Smart Chain, with BitGo providing custody services and third-party accounting firm audits planned.

Share this article





Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

You have not selected any currency to display

Pin It on Pinterest

Ico-Investor
Blockonomics
Ico-Investor
World Liberty Financial moves $775K to wallet used for altcoin purchases
Follow on Google News
okex
Follow on Google News
Follow on Google News
Blockonomics
CME XRP futures hit $542 million volume in first month, strengthening case for spot XRP ETFs
Bitcoin Hit $106K Despite Sell-off And War in Middle East
HBAR price risks deeper drop as Hedera stablecoin supply slumps 80%
SOL dips below $130
Bitcoin crashes on Iranian Parliament approval of Hormuz Strait closure
Top PolitiFi Coins Buck Market Trend, Suffer Pullback
Changelly
Ledger
SharpLink Gaming Boosts Ethereum Holdings To $457M
Ledger Deal with NBA Team is Latest Sign of Crypto Sports Partnership Revival
Norwegian Deep Sea Mining Firm Plans $1.2B Bitcoin Treasury
Is XRP Centralized_ Ripple CTO Explains the Truth Behind the Controversy
Top Regulators Forge US-UK Alliance to Oversee Digital Assets
SharpLink Gaming Boosts Ethereum Holdings To $457M
Ledger Deal with NBA Team is Latest Sign of Crypto Sports Partnership Revival
Norwegian Deep Sea Mining Firm Plans $1.2B Bitcoin Treasury
Is XRP Centralized_ Ripple CTO Explains the Truth Behind the Controversy