Effective execution of policies directed at tracking terrorist assets demands cooperation between all parties. This is informed by the fact that money, besides radicalization narratives, can be considered as the lifeblood of terrorist organizations. The freezing of terrorist’s assets involves blocking all property and interests belonging to persons committing or posing a significant threat to citizens, national security, foreign policy, or economy. This paper seeks to address counterterrorism tracking terrorist assets.Terrorists utilize monetary resources in training, motivating, and indoctrinating individuals meant to carry out terrorist activities. In addition, monetary resources and associated assets are employed to procure arms and ammunition utilized in terrorist acts. Similarly, money is employed in establishing media and propaganda infrastructure. The most outstanding means by which money is utilized in financing terrorist activities include facilitating the movement of men, messages, and components and materials essential in accomplishing terrorist attacks. Asset tracking of terrorist finances is geared towards depriving terrorists of their primed funding.Counterterrorism efforts of tracking assets are directed at thwarting an individual, group, or state providing material support or resources to both domestic, as well as foreign terrorist organizations (Brzoska, 2011). One of the outstanding counterterrorism strategies includes spotlighting, tracking, and freezing terrorists’ finances. This calls for the sharing of key information between law enforcement and intelligence communities worldwide. The tracking of terrorist assets and subsequent freezing of the assets are directed at denying terrorists vital resource input essential to the planning and undertaking of their activities.One of the significant changes witnessed in terrorist financing includes transnationalization of terrorism activities. Though not new, the operation of terrorists across borders has gained prominence, especially after the end of the cold war era.