Justin Sun Bets $30M on Trump’s Crypto Project
Justin Sun, founder of Tron, is investing $30 million in Donald Trump’s World Liberty Financial (WLF).
This whopping investment makes Sun the largest backer of the DeFi venture.
World Liberty Financial also shared their excitement, posting on X that they are “honored to have the support” of Justin Sun.
What Is World Liberty Financial?
“The U.S. is becoming the blockchain hub, and Bitcoin owes it to @realDonaldTrump!” Sun announced on X (formerly Twitter) Monday. “TRON is committed to making America great again and leading innovation.”
WLF is Trump’s ambitious foray into the world of DeFi, a type of blockchain-based financial system that operates without banks. The project is led by Trump himself as the “chief crypto advocate.” His sons Eric, Donald Jr., and Barron are also involved, serving as WLF’s web3 ambassadors.
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! pic.twitter.com/cISTsVYP1f
— H.E. Justin Sun 🍌 (@justinsuntron) November 25, 2024
Initially, WLF aimed to raise $300 million with a valuation of $1.5 billion. Most of the $300 million token offering is being marketed to international buyers. However, Sun’s $30 million, coming from within the U.S., makes it a game-changing investment for the project.
Justin Sun’s Bold Move
Justin Sun’s support for WLF is more than just a financial move—it’s a big vote of confidence in the U.S. as a future leader in blockchain technology. His investment signals that the American crypto market could soon be the place to be. By investing in WLF, Sun is not just betting on Trump’s project but also showing faith in the growing DeFi movement.
We’re honored to have the support of @justinsuntron and @trondao ! Together, we’re driving innovation, aligning on a vision for a stronger blockchain future, and contributing to the growing ecosystem. Exciting times ahead! 🦅🇺🇸 https://t.co/gtXwoJOAnL
— WLFI (@worldlibertyfi) November 25, 2024
With Trump and his sons actively promoting WLF, the project is turning heads in both the crypto and political worlds. While much of its funding is still aimed at offshore investors, Sun’s involvement brings a much-needed boost from within the U.S.
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