The post World Liberty Financial Denies Token Sale Rumors appeared first on Coinpedia Fintech News
World Liberty Financial denies rumors that it has sold any WLFI tokens, clarifying that the decentralized finance (DeFi) project is not pursuing token swaps with other blockchain projects, despite acquiring their tokens recently. In a recent X post that WLF stated they are simply managing their crypto holdings as part of routine treasury operations, covering fees, expenses, and addressing working capital needs. It further added that these actions are intended to be part of maintaining a strong, secure, and efficient treasury. There’s no reason for speculation, as these are just standard practices for managing the company’s operations, it noted. World Liberty Financial’s current crypto holdings are valued at $373 million, with major stakes in Ether and Wrapped Bitcoin.