World Liberty Financial sells tokens to Hut8 for treasury reserves at $0.25 each

by Spencer Haag

Key Takeaways

  • World Liberty Monetary, a DeFi challenge with proper-world asset tokenization focal point and Trump household connections, offered tokens to mining firm Hut8 at $0.25 every.
  • The sale is piece of a rising pattern the establish apart crypto projects partner with mining firms to internet treasury reserves, linking DeFi and former asset administration.

World Liberty Monetary, a DeFi challenge linked to the Trump household that emphasizes proper-world asset tokenization, offered tokens to Hut8, a cryptocurrency mining firm expanding into treasury administration, at $0.25 every for treasury reserves.

The transaction comes amid a broader pattern of crypto projects building treasury reserves by partnerships with mining firms, combining DeFi with former asset administration solutions.

WLFI no longer too long within the past introduced initiatives for tokenizing property comparable to proper property and commodities, integrating these with its stablecoin to augment treasury reserve stability. The challenge has collaborated with external backers from areas deal with Abu Dhabi to toughen its stablecoin choices as piece of its treasury diversification solutions.

Related Posts