Justin Sun, founder of the Tron blockchain, has made a bold move by investing a whopping $30 million in Donald Trump’s World Liberty Financial (WLFI) project, cementing his position as the largest investor in the initiative.
Sun’s $30M Gamble on WLFI
On November 26th, Sun announced his investment on X, emphasizing the growing role of the U.S. as a blockchain hub. His statement read:
> “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!”
About World Liberty Financial
Launched in September 2024, Trump’s World Liberty Financial aims to eliminate financial intermediaries and increase accessibility. Despite Trump’s endorsement, the project claims no direct involvement from him, his family, or the Trump Organization in its management.
Key details include:
Funding Goals: Initially targeted $300 million with a $1.5 billion valuation.
Token Allocation: Only $30 million worth of tokens will be sold domestically, with $288.5 million allocated for global markets.
Revenue Sharing: Trump’s affiliated entity, DT Marks DEFI LLC, will receive 22.5 billion tokens and 75% of net protocol revenues under a services agreement.
Excitement from WLFI Team
The project’s team expressed gratitude for Sun’s investment:
> “We’re honored to have the support of @justinsuntron and @trondao! Together, we’re driving innovation and contributing to the growing ecosystem.”
Justin Sun’s Recent Investments
This $30 million investment comes shortly after Sun’s purchase of Maurizio Cattelan’s banana art piece, “Comedian,” for $6.2 million, showcasing his penchant for high-profile ventures.
What’s Next?
As World Liberty Financial focuses on offshore markets, all eyes are on Sun’s strategic involvement and the project’s potential to disrupt the financial landscape.
Stay tuned as this partnership evolves and reshapes the blockchain ecosystem.
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