Market Update

There are no symbolic sales WLFI, just re -customize assets

World Liberty Financial denied the sale of any WLFI symbols after reports indicated that the TROMP -related Defi project was negotiating symbolic bodies with several Blockchain projects.

World Liberty explained by updating the social media on February 3 that its treasury strategy includes the reset of assets. The publication announced that the company does not perform symbolic sales because it transmits assets between commercial operations to meet the standard operational needs.

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World Liberty issued a statement on social media after a report on its plans to exchange at least $ 10 million of the distinctive symbols of WLFI alternative cryptocurrencies while imposing a 10 % fee.

According to what was reported, World Liberty revealed an existing symbolic portfolio, which includes ETHEREM (ETH), Betco -WBTC, ChainLink (Link), AAV (AAV), Tron (TRX), and ethena (Ena).

World Liberty maintains an encrypted currency assets of $ 373 million, which consists in the first place of ETH and Babtc Clab, according to its records on the series. The project made the purchase of ETH at a value of $ 10 million in January 2023.

World Liberty first appeared on the DEFI platform before the 2024 US presidential election to provide users to gain attention and borrowing capabilities encrypted assets. The project reached 20 billion WLFI sales of $ 300 million by January 20 and plans to sell 5 billion other code due to “massive demand”.

The founder of Tron Justin Sun offered $ 75 million to support the project, but critics, including Mark Koban and Anthony Scrameschi, strongly criticized this initiative. According to Cuban, Trump described this step “desperate”, while Scaracci referred to it as “GRIFT”.

Also read: The WLFI and Crypto -backed Crypto portfolio decreases amid market collapse



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