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

CryptoExpert by CryptoExpert
April 11, 2025
in Market Analysis
0
World Liberty Financial moves $775K to wallet used for altcoin purchases
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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.

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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

ARKHAM ALERT: WORLD LIBERTY FI MOVING FUNDS

World Liberty Fi just moved $775K from their main wallet, to the wallet that they typically use for buying altcoins. pic.twitter.com/f52z5HfXzx

— Arkham (@arkham) April 10, 2025

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.

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