On Tuesday, Trump-backed World Liberty Financial, a decentralized lending platform announced the appointment of Tron founder Justin Sun as an advisor. The announcement comes after a $30 million investment from Justin Sun yesterday.
🦅☀️ 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… pic.twitter.com/wJD24nztab
— WLFI (@worldlibertyfi) November 26, 2024
Justin Sun Loves For WLFI Is Endless
Founded in September 2024, World Liberty Financial represents one of Trump’s largest forays into the crypto sector. Once a vocal crypto skeptic, Trump has recently embraced digital assets.
Justin Sun is the founder of Tron DAO and blockchain, and an advisor of the HTX crypto exchange. He recently grabbed headlines after winning Sotheby’s auction for $6.2M on Maurizio Cattelan’s “Comedian,” a banana taped to a wall, and plans to eat the art.
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Zak Folkman, World Liberty’s co-founder, hinted at further strategic moves ahead without disclosing additional details.
As the news has taken the crypto world by storm, the TRX token’s value surged to $0.19 with a 0.44% hike. In the last 24 hours, the token’s trading volume has surged around $1.37 billion with a 17.07% spike.
Sun’s $30 million investment has made him the largest investor in the World Liberty Financial. The project aims to bring stability to the cryptocurrency market through US dollar-pegged stablecoins. However, the project has struggled to attract substantial investor interest since its inception.
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