Cryptocurrency investor Sun Yuchen has invested $30 million (about 40.41 million Singapore dollars) in World Liberty Financial (WLF), which is the largest investor in this decentralized finance project.

According to reports, Sun Yuchen, the founder of the cryptocurrency company Tron, posted on social media X stating: "America is becoming a blockchain hub, thanks to Trump."

He also wrote: "Tron is committed to making America great again and leading innovation."

In response to a Bloomberg question, Sun Yuchen stated that this investment is not related to any political agenda, but is based on the project's potential to provide innovative solutions for decentralized lending and governance.

Earlier reports indicated that on November 20, Sun Yuchen won a piece of artwork created by Italian artist Maurizio Cattelan at an auction, where a banana was taped to the wall, for $6.2 million. He paid with cryptocurrency.

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