World Liberty Financial, a decentralized finance (DeFi) project backed by former US President Donald Trump, has made a large transfer of digital assets to Coinbase Prime. Blockchain data shows that more than 90% of the project’s multi-asset treasury has been transferred, including large amounts of ETH, WBTC, along with investments in AAVE, ENA, and LINK.
World Liberty Financial Moves $307 Million in Crypto to Coinbase
Data from Spotonchain shows that World Liberty Financial has transferred approximately $307 million in digital assets to Coinbase Prime. According to the project, this is part of its strategy to “manage treasury and business operations.”
The transactions include ETH, WBTC, and many other cryptocurrencies previously held by the project. In total, 13 separate transactions were executed, with values ranging from $4 million to $95 million. Upon completion, World Liberty Financial’s total assets fell from $363 million to about $33 million.
Before these transactions, World Liberty Financial stated on the X platform that Trump’s DeFi project had no intention of selling its crypto holdings.
Read more: Bitcoin Rebounds to $100K After Donald Trump’s New Executive Order
The DeFi project added:
“We are periodically making crypto asset transfers as part of our regular treasury management, fee payments, operating expenses, and working capital needs. To be clear, we are not selling tokens—we are simply reallocating assets for normal business purposes.”
