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ConsenSys Shifts 15% LINEA to Custodian for Long-Term Storage

11.09.2025 23:34

In a strategic move to enhance asset security, Consensys Treasury has initiated the transfer of its substantial 15% allocation of LINEA tokens. The digital assets are being entrusted to a qualified and regulated custodian, a decision designed to ensure their secure, long-term safekeeping.

The selection of such a custodian is a pivotal component of this strategy, as these specialized firms operate under stringent regulatory frameworks and specialize in the custody of digital assets. By engaging with these insured entities, Consensys guarantees that the stored LINEA tokens are protected by comprehensive insurance coverage, adding a significant layer of financial protection against unforeseen risks.

This significant token allocation originates from the initial distribution plan for LINEA, which is an advanced Ethereum layer-2 scaling solution developed internally by Consensys. This 15% portion of the total token supply was earmarked for the company's treasury operations from the project's inception, and according to reports from various internet sources, this transfer now formalizes the long-term management strategy for these assets.