markets··1 min read
Arthur Hayes sells WLD tokens after Maelstrom AI IPO proposal
Maelstrom's Arthur Hayes has been selling various tokens, including WLD, days after his firm's AI IPO pitch.
Arthur Hayes, founder of crypto investment firm Maelstrom, has sold his position in Worldcoin (WLD) tokens, according to on-chain data. The sale comes just days after Maelstrom proposed an AI-focused initial public offering (IPO) for its portfolio companies.
Hayes has been active in reducing his holdings recently, also offloading positions in HYPE, ZEC, and NEAR. The moves have drawn attention given his previous bullish commentary on some of these assets.
The AI IPO pitch, which aimed to list Maelstrom-backed firms on a traditional exchange, remains in early stages. Hayes has not commented publicly on the recent sales.