Among its acquisitions, WLF bought 8,105 ETH at an average price of $3,701 per token, generating a profit of $2.12 million. Additionally, Justin Sun, the founder of the Tron blockchain, invested $30 million in WLF , becoming its largest backer. Sun’s involvement includes an advisory role, which could mark a strategic turn for the project.

It should be noted that, according to an earlier Bloomberg report , World Liberty Financial has had difficulty meeting its fundraising goals despite these investments. The project’s token sale, aimed at raising $300 million for the World Liberty Financial (WLFI) token, sold less than a quarter of the available supply until Justin Sun stepped in with his $30 million investment.

WLF has also received backing from Polychain Capital, a major venture capital firm. The project plans to launch a lending and borrowing platform using Aave protocols to enable trading of Ether, wrapped Bitcoin, and stablecoins.$COW $AVA $TRX #2024withBinance