Tron founder Justin Sun has announced a $30 million investment in the World Liberty Financial cryptocurrency project launched by President-elect Donald Trump ๐บ๐ธโจ. The project aims to be a digital asset bank ๐ฆ๐ป that encourages customers to lend, borrow, and invest in digital tokens ๐๐ธ. The platformโs native token is WLFI ๐.
### Justin Sun's Big Investment ๐ต๐
This is the largest investment in Trumpโs DeFi project ๐. Sun recently made headlines after spending $6.2 million at a Sothebyโs auction on a banana taped to a wall ๐๐จ. Sun announced his investment in a post on X, saying, โExcited to invest $30 million in World Liberty Financial as the largest investor ๐. America is becoming a hub for blockchain and Bitcoin ๐ช๐, and weโre giving back to Trump.โ
Trump and his sons are considered promoters of the World Liberty Financial project as part of the DeFi movement ๐ผ๐ก. Trump is listed as a main advocate for the project, while his sons, Eric, Donald Jr., and Barrion Trump, have been appointed ambassadors for the Web3 project ๐จโ๐ฆโ๐ฆ๐. The project aimed to raise $300 million at launch at a valuation of $1.5 billion ๐ฐ๐, and the offering was marketed abroad ๐.
### Growing investor interest ๐๐ค
Access to the platform is currently limited to accredited investors in the US ๐บ๐ธ, who must have a net worth of $1 million or an annual income of $200,000 or $300,000 with a spouse ๐ฉโโค๏ธโ๐จ๐ฐ. However, the project is open to all non-US individuals ๐, and intends to expand access to all Americans soon ๐.
Zachary Volkman, one of the projectโs founders, said that more than 100,000 people are on the waiting list to invest in the token ๐โจ, but only 20,400 unique wallet addresses hold the token, which is only 20% of those registered ๐งโ๐คโ๐ง๐. Volkman confirmed that there have been several similar large purchases in recent weeks ๐ช๐ต, and he is confident in the future success of the project ๐๐.
### Conclusion ๐
Justin Sun's investment in World Liberty Financial reflects growing interest in the decentralized finance market ๐๐ก, and provides an opportunity for investors in digital assets ๐๐.
**Disclaimer**: This article is provided for informational purposes only ๐โ and is not considered legal or investment advice โ๏ธ.