CryptoWorld Liberty Financial moves $775K to wallet used for...

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.

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

Please enter your comment!
Please enter your name here

Latest news

BTCC Exchange Reports Remarkable Q2 2025 Performance with $957 Billion Trading Volume

BTCC, one of the world’s longest-operating cryptocurrency exchanges, today announced exceptional Q2 results for 2025, with total trading...

Drive Capital’s second act –  how the Columbus venture firm found success after a split

The venture capital world has always had a hot-and-cold relationship with the Midwest. Investors rush in during boom...

BitMine raises $250m, TWL Miner bags $85m

Crypto venture funding rebounded modestly this...

Advertisement

Nano Labs Buys $50 Million in BNB, Grows Digital Reserve to $160 Million

Nano Labs has acquired 74,315 BNB for $50 million, pushing its total digital asset reserves to approximately $160...

Must read

BTCC Exchange Reports Remarkable Q2 2025 Performance with $957 Billion Trading Volume

BTCC, one of the world’s longest-operating cryptocurrency exchanges,...

You might also likeRELATED
Recommended to you