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Next major investor in WLFI by mid-2025?
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Story
Justin Sun's Tron Invests $30 Million in Trump-Backed Crypto WLFI, Becoming Largest Investor
Nov 25, 2024, 08:41 PM
Justin Sun, founder of Tron, has invested $30 million via Tron DAO in World Liberty Financial (WLFI), a cryptocurrency project backed by Donald Trump and his family, becoming its largest investor. This significant investment positions Sun as a key player in WLFI, reportedly controlling a majority of the tokens in circulation. Some reports suggest that Sun bought more WLFI tokens than should be available. Sun expressed enthusiasm for the U.S. becoming a blockchain hub and credited Trump for Bitcoin's recent surge, stating that "TRON is committed to making America great again and leading innovation." The investment is viewed as a strategic political move and provides a substantial boost to WLFI, which had been struggling to sell tokens prior to Sun's involvement. The Trump company is said to have netted $15 million from this transaction.
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