diff --git a/README.md b/README.md
index 7afa70c..50b0f76 100644
--- a/README.md
+++ b/README.md
@@ -755,3 +755,11 @@ laconic registry auction get $AUCTION
   }
 ]
 ```
+
+Release provider winning funds:
+
+```bash
+laconic registry auction release-funds $AUCTION
+
+{"success": true}
+```
diff --git a/src/cmds/registry-cmds/auction-cmds/release-funds.ts b/src/cmds/registry-cmds/auction-cmds/release-funds.ts
new file mode 100644
index 0000000..f555f3a
--- /dev/null
+++ b/src/cmds/registry-cmds/auction-cmds/release-funds.ts
@@ -0,0 +1,34 @@
+import { Arguments } from 'yargs';
+import assert from 'assert';
+
+import { Account, Registry } from '@cerc-io/registry-sdk';
+
+import { getConfig, getConnectionInfo, getGasAndFees, getGasPrice, txOutput } from '../../../util';
+
+export const command = 'release-funds [auction-id]';
+
+export const desc = 'Release funds of provider auction winners.';
+
+export const handler = async (argv: Arguments) => {
+  const auctionId = argv.auctionId as string;
+  assert(auctionId, 'Invalid auction ID.');
+
+  const { services: { registry: registryConfig } } = getConfig(argv.config as string);
+  const { rpcEndpoint, gqlEndpoint, privateKey, chainId } = getConnectionInfo(argv, registryConfig);
+  assert(rpcEndpoint, 'Invalid registry RPC endpoint.');
+  assert(gqlEndpoint, 'Invalid registry GQL endpoint.');
+  assert(privateKey, 'Invalid Transaction Key.');
+  assert(chainId, 'Invalid registry Chain ID.');
+
+  const account = new Account(Buffer.from(privateKey, 'hex'));
+  await account.init();
+
+  const gasPrice = getGasPrice(argv, registryConfig);
+  const registry = new Registry(gqlEndpoint, rpcEndpoint, { chainId, gasPrice });
+  const fee = getGasAndFees(argv, registryConfig);
+
+  const result = await registry.releaseFunds({ auctionId }, privateKey, fee);
+
+  const success = '{"success": true}';
+  txOutput(result, success, argv.output, argv.verbose);
+};