WorldCoin Team Moves 30 Million WLD to BitGo Custody Wallet

The WorldCoin team transferred 30 million WLD to a BitGo custody wallet, according to blockchain tracking account Onchain Lens. The transaction was valued at about $8.17 million based on the figures cited in the source. Onchain Lens said the BitGo wallet now contains 153.65 million WLD worth around $41.35 million. A custody wallet is typically used to securely hold digital assets on behalf of an owner or institution rather than for active trading.

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