Share this article

Luna Foundation Guard Adds $100M in BTC to UST Reserves

LFG's balance now sits at $2.26 billion, 75% of which is bitcoin.

Updated May 11, 2023, 4:43 p.m. Published Apr 13, 2022, 9:18 a.m.
Terraform Labs CEO Do Kwon on CoinDesk TV in December.
Terraform Labs CEO Do Kwon on CoinDesk TV in December.

The Luna Foundation Guard (LFG), the entity that acts as a resolve protocol for the algorithmic stablecoin UST, has added another $100 million in bitcoin to its wallet.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
  • LFG’s wallet now contains $1.7 billion in BTC, $549.84 million in other USD-denominated stablecoins and $14.74 million in Terra, according to a dashboard it runs.
  • In total, there is 42,410 BTC in LFG's wallet, making its wallet the 19th largest in total bitcoin holdings.
  • Should Luna meet its goal of purchasing $10 billion in bitcoin, it would have the second-largest bitcoin wallet behind Binance’s cold wallet.
  • Bitcoin’s price remains stable midway through the Asia trading day, at $40,115, up 0.2%.

Read more: Tracking Luna Foundation Guard’s Bitcoin Purchases

More For You

Protocol Research: GoPlus Security

GP Basic Image

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

More For You

Buyers Step In at $2 Floor as XRP Builds on Bitcoin's Hover Above $91K

(CoinDesk Data)

Institutional demand for XRP ETFs has surpassed $1 billion, despite muted retail interest.

What to know:

  • XRP's price rebounded from the $2.00 level, indicating strong institutional buying at this psychological floor.
  • Institutional demand for XRP ETFs has surpassed $1 billion, despite muted retail interest.
  • A breakout above $2.11 is needed to trigger further momentum towards higher resistance levels.