According to on-chain analyst Ai Yi, WLFI’s first known transfer to BitGo strengthens custodial ties for USD1 reserves and institutional services; any link to ALT5 Sigma’s $1.5 billion raise remains unconfirmed.
On Aug. 16, on-chain analyst Ai Yi reported WLFI’s multi-signature address transferred 3.58 billion WLFI to BitGo about three hours earlier—the largest single transaction in nearly seven months. It appears to be WLFI’s first transfer to BitGo, which custodies USD1 reserves and offers prime brokerage for liquidity and institutional trading. Previously, ALT5 Sigma announced $1.5 billion in private fundraising to launch WLFI’s treasury strategy, acquiring 7.5% of total supply (about 7.5 billion tokens) at $0.20 each; any connection between the events is unclear.