World Liberty Financial Expands Altcoin Holdings and Prepares for Stablecoin Launch

Beyond MNT and AVAX, WLFI’s portfolio features a range of other digital assets.

World Liberty Financial (WLFI) has taken another step in expanding its digital asset portfolio, transferring $775,000 in USDC from its main wallet to a secondary one used for altcoin purchases. The movement was reported by Arkham Intelligence and follows a series of strategic crypto acquisitions by the project.

Recent Acquisitions Signal Aggressive Growth Strategy

WLFI has been actively investing in various cryptocurrencies. On March 23, the firm acquired more than 3.54 million Mantle (MNT) tokens, adding to an earlier purchase worth $4 million in MNT and Avalanche (AVAX). These acquisitions highlight the organization’s ongoing strategy to diversify its crypto holdings.

Beyond MNT and AVAX, WLFI’s portfolio features a range of other digital assets. These include major tokens such as Ethereum (ETH), Wrapped Bitcoin (WBTC), and Tron (TRX), as well as other prominent assets like Chainlink (LINK), Aave (AAVE), Ethena (ENA), MOVE, Ondo (ONDO), and Sei (SEI). The breadth of its investments reflects a clear intention to maintain exposure across multiple sectors of the crypto ecosystem.

Partnership with Sui Blockchain Enhances Ecosystem Goals

In a bid to boost its ecosystem development, WLFI has announced a strategic collaboration with the Sui blockchain. This partnership will involve the integration of Sui’s blockchain technology into WLFI’s broader infrastructure, with a particular focus on decentralized finance (DeFi) applications.

As part of this partnership, WLFI intends to incorporate Sui tokens into its “Macro Strategy” reserve. The move signals confidence in Sui’s long-term value and potential, as well as WLFI’s desire to align with emerging layer-1 blockchain solutions.

Introduction of USD1 Stablecoin for Institutions

One of the most significant upcoming developments for WLFI is the launch of its institutional-grade stablecoin, USD1. Aimed at serving sovereign investors and large institutions, USD1 will be pegged one-to-one with the US dollar and backed by a mix of US government treasuries, dollar deposits, and other cash-equivalent reserves.

WLFI has already conducted internal test transfers using the new stablecoin, laying the groundwork for its wider deployment. The initial launch will take place on Ethereum and Binance Smart Chain, with BitGo acting as the custodian. An independent third-party accounting firm is also expected to audit USD1 to ensure transparency and trust.

A Trump-Endorsed Project With Big Ambitions

WLFI has the backing of former President Donald Trump, adding a political edge to its public profile. With a growing portfolio, a high-profile partnership, and the forthcoming release of a regulated stablecoin, WLFI appears to be positioning itself as a major player in the evolving crypto-financial landscape.

No information published in Crypto Intelligence News constitutes financial advice; crypto investments are high-risk and speculative in nature.