Tron’s Justin Sun invests $30M in World Liberty Financial, aiming to boost blockchain innovation and global adoption.
Justin Sun’s $30M Move into Trump’s Blockchain Project
Tron blockchain founder Justin Sun has emerged as the largest investor in Donald Trump’s World Liberty Financial. Sun confirmed his $30 million investment in the project, showcasing his continued efforts to capitalize on groundbreaking opportunities in the blockchain sector.
A High-Stakes Bet on World Liberty Financial
On November 26, Sun announced his investment via X, expressing enthusiasm for the venture:
We are thrilled to invest $30 million in World Liberty Financial @worldlibertyfi as its largest investor. The U.S. is becoming the blockchain hub, and Bitcoin owes it to @realDonaldTrump! TRON is committed to making America great again and leading innovation. Let’s go!
This marks another high-profile investment for Sun, who recently garnered attention for spending $6.2 million on Maurizio Cattelan’s banana artwork, “Comedian.”
We are thrilled to invest $30 million in World Liberty Financial @worldlibertyfi as its largest investor. The U.S. is becoming the blockchain hub, and Bitcoin owes it to @realDonaldTrump! TRON is committed to making America great again and leading innovation. Let’s go!
Trump’s World Liberty Financial: Aiming for Accessible Finance
World Liberty Financial launched in September with the goal of revolutionizing financial services by removing intermediaries. Initially targeting a $300 million raise and a $1.5 billion valuation, the project has now shifted focus to offshore markets.
A filing with U.S. regulators indicates a domestic cap of $30 million in token sales, with the rest allocated for global buyers. Despite Donald Trump’s endorsement, neither Trump, his family, nor the Trump Organization holds operational roles in the platform.
The company describes its offerings as strictly financial, emphasizing no political affiliations. Trump’s DT Marks DEFI LLC is expected to receive 22.5 billion tokens and a 75% share of net protocol revenues as part of a services agreement.
Support from World Liberty Financial
A spokesperson from World Liberty Financial highlighted significant recent purchases and the likelihood of more high-profile investments. In a tweet, the project team welcomed Sun’s involvement:
We’re honored to have the support of @justinsuntron and @trondao! Together, we’re driving innovation, aligning on a vision for a stronger blockchain future, and contributing to the growing ecosystem. Exciting times ahead!
This partnership signals a promising trajectory for the platform as it seeks to expand its influence within the crypto industry.
🦅☀️ Exciting Announcement! ☀️🦅 We’re honored to welcome @justinsuntron as an advisor to World Liberty Financial (WLFI)! Justin is the founder of @TRONDAO, an advisor to @HTX_Global, and a supporter of @BitTorrent. A graduate of the University of Pennsylvania, he recently won…
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