World Liberty Financial Denied Selling Any WLFI Tokens After Reports Suggested the Trump-Linked DeFi Project Was Negotiating Token Swaps with Various Blockchain Projects.

World Liberty explained through its Feb. 3 social media update that its treasury strategy includes asset reassignment.

World Liberty Financial has denied selling any WLFI tokens, following reports that the Trump-linked DeFi project was negotiating token swaps with various blockchain projects.

In a Feb. 3 social media update, World Liberty explained that its treasury strategy involves the reassignment of assets within the company's business operations for standard operational needs, and that this includes moving tokens around. The company stated that it does not perform token sales.

The statement on social media comes after a Blockworks report stated that World Liberty was planning to exchange at least $10 million worth of WLFI tokens for alternative cryptocurrencies and charge a 10% fee for the service.

According to the report, World Liberty contacted its existing token portfolio, which includesの時間 (ETH), USD硬貨 (USDC), Chainlink (LINK), Aave (AAVE), トロン (TRX) and ユニスワップ (UNI).

Onchain records show that World Liberty holds $373 million in cryptocurrency assets, which is mostlyの時間 and Wrapped Bitcoin (WBTC). During January 2023, the project made a $10 million ETH purchase.

Before the 2024 U.S. presidential election, World Liberty launched its DeFi platform, which allows users to earn interest and borrow crypto assets. By Jan. 20, the project had sold 20 billion WLFI tokens for $300 million and planned to sell another 5 billion tokens due to “massive demand.”

The project received $75 million from トロン founder Justin Sun, but critics like Mark Cuban and Anthony Scaramucci have slammed the initiative. According to Cuban, the move was described as “desperate” by Trump, while Scaramucci called it a “scammy grift.”