World Liberty Financial (WLFI), the Trump family–affiliated crypto venture, has sold part of its locked token holdings to Bitcoin mining firm Hut 8.
According to a statement on Oct. 4, WLFI transferred the tokens directly from its treasury to serve as part of Hut 8’s long-term crypto reserve.
100 Million WLFI Tokens Sold for $25 MillionWhile WLFI did not disclose the quantity sold, on-chain data from Arkham Intelligence indicates the deal involved roughly 100 million WLFI tokens.
The company said the tokens were sold at $0.25 each, valuing the transaction at around $25 million. According to BeInCrypto data, this represents a 25% premium considering WLFI’s current market price of $0.20.
WLFI recently sold tokens at $0.25 to Hut8 for their treasury. The locked tokens sent from the WLFI treasury were simply to satisfy that sale — not new issuance, not dilution. We appreciate Hut8’s support as a long-term partner.