The post World Liberty Finance’s $10M Bitcoin Swap: Strategic or Politically Motivated? appeared first on Coinpedia Fintech News World Liberty Financial (WLFI), a decentralized finance project backed by Donald Trump, has made a bold move by swapping $10.4 million worth of cbBTC for WBTC (Wrapped Bitcoin). The decision comes amid Coinbase’s controversial delisting of WBTC, sparking speculation about WLFI’s strategic direction. Now the question arises whether it is politically motivated or just a normal shift. Blockchain analytics firm Lookonchain revealed that WLFI exchanged 102.9 cbBTC for 103.15 WBTC. This shift comes as cbBTC, Coinbase’s Bitcoin wrapper, gains momentum with a $1 billion market cap. Despite its rising adoption, WLFI’s decision highlights a clear preference for WBTC. Trump's World Liberty( @worldlibertyfi ) exchanged all 102.9 $cbBTC ($10.4M) for 103.15 $WBTC 4 hours ago. https://t.co/mtD0c2tvvo pic.twitter.com/tfN60lgStm — Lookonchain (@lookonchain) December 19, 2024 While cbBTC gains traction, WBTC faces scrutiny and challenges. Let’s get into the insight. Justin Sun’s Role in the Move Justin Sun, founder of TRON DAO and a major WLFI investor, has played a key role in this transition. Recently Sun, a vocal critic of cbBTC’s governance and transparency, invested $30 million in WLFI and joined as an advisor. His association with BitGo, the custodian of WBTC, further underscores his influence on WLFI’s alignment. Sun’s involvement has also brought significant collaborations to WLFI, including partnerships with Chainlink and TRON. These alliances enhance WLFI’s infrastructure and reflect Sun’s vision for decentralized finance innovation. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : Michael Egorov Denies Curve DAO Liquidation Claims, But Reports Suggest Otherwise , Coinbase Controversy Adds Fuel Coinbase introduced cbBTC in September, aiming to rival WBTC in the DeFi space. However, the exchange announced plans to delist WBTC, prompting a legal challenge from BiT Global, a custodian linked to WBTC. On Wednesday, a court sided with Coinbase, allowing the delisting to proceed. WLFI’s move aligns it with WBTC’s trusted infrastructure and market presence, distancing itself from cbBTC’s controversies. This decision also reflects a broader strategy to leverage Sun’s blockchain expertise and partnerships, including Chainlink’s decentralized services and TRON’s Scale program. It remains to be seen whether this represents a calculated risk or a deeper alignment. Actions like these remind us that narratives can influence markets just as much as numbers do. .article_register_shortcode { padding: 18px 24px; border-radius: 8px; display: flex; align-items: center; margin: 6px 0 22px; border: 1px solid #0052CC4D; background: linear-gradient(90deg, rgba(255, 255, 255, 0.1) 0%, rgba(0, 82, 204, 0.1) 100%); } .article_register_shortcode .media-body h5 { color: #000000; font-weight: 600; font-size: 20px; line-height: 22px; } .article_register_shortcode .media-body h5 span { color: #0052CC; } .article_register_shortcode .media-body p { font-weight: 400; font-size: 14px; line-height: 22px; color: #171717B2; margin-top: 4px; } .article_register_shortcode .media-body{ padding-right: 14px; } .article_register_shortcode .media-button a { float: right; } .article_register_shortcode .primary-button img{ vertical-align: middle; } @media (min-width: 581px) and (max-width: 991px) { .article_register_shortcode .media-body p { margin-bottom: 0; } } @media (max-width: 580px) { .article_register_shortcode { display: block; padding: 20px; } .article_register_shortcode img { max-width: 50px; } .article_register_shortcode .media-body h5 { font-size: 16px; } .article_register_shortcode .media-body { margin-left: 0px; } .article_register_shortcode .media-body p { font-size: 13px; line-height: 20px; margin-top: 6px; margin-bottom: 14px; } .article_register_shortcode .media-button a { float: unset; } .article_register_shortcode .secondary-button { margin-bottom: 0; } } Never Miss a Beat in the Crypto World! 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