World Liberty Financial Denies Token Sales

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World Liberty Financial has announced that it has not sold any of its WLFI tokens despite rumors claiming the DeFi project was initiating token swaps with various blockchain projects whose tokens had been recently acquired.

In a post on social media on February 3rd, World Liberty clarified that it regularly rearranges its cryptocurrency holdings as part of its overall treasury management strategy.

The company emphasized that it is not selling any tokens, but rather reallocating its assets for ordinary business purposes.

This statement came in response to a Blockworks report that claimed World Liberty was planning to sell $10 million worth of yet-to-be-launched WLFI tokens in exchange for purchasing an equivalent amount of a different project’s native cryptocurrency, with a 10% fee attached.