Tron’s Justin Sun has invested $45 million into WLFI.
The Tron DAO has now injected about $75 million into the Donald Trump-backed project.
The WLFI project is investing in other promising tokens with Sun’s investment set to power growth.
, the founder of the TRON blockchain, has announced a $45 million investment in World Liberty Financial (WLFI), a crypto project linked to US President-elect . Justin Sun unveiled this investment just before Trump’s inauguration, showcasing the bond with WLFI.
World Liberty Financials Under Justin Sun
With this new funding, the total investment from the TRON DAO (Decentralized Autonomous Organization) in WLFI has jumped to $75 million.
We @trondao are continuing to increase our investment in World Liberty Financial, with an additional $45 million, bringing the total investment to $75 million. @worldlibertyfi @EricTrump @DonaldJTrumpJr @realDonaldTrump
— H.E. Justin Sun 🍌 (@justinsuntron) January 20, 2025
We are continuing to increase our investment in World Liberty Financial, with an additional $45 million, bringing the total investment to $75 million.
— H.E. Justin Sun 🍌 (@justinsuntron)
Intriguingly, the investments signal Sun’s growing influence in the global financial world. Meanwhile, in a post on X, World Liberty Financial announced a 5% increase in token supply. This increase boosts liquidity and creates more chances for investors and users to engage with WLFI’s offerings.
WLFI currently has 36,612 token holders per market data. This growing investor base shows a strong interest in the company’s goal of creating a more (DeFi) system. With Sun investing $45 million into WLFI, the company has the liquidity base to expand faster. Furthermore, this funding will help with technology innovations, marketing, and reaching more users.
Recall that Trump unveiled the World Liberty Financial DeFi project in September 2024. However, the project leaders announced the launch of the native WLFI tokens much later. The token’s launch recorded a rocky start, as WLFI tanked by 96% at its debut.
A few months later, Justin Sun made a strategic investment of $30 million, a fund that helped reset sentiment around the token. In return, World Liberty Financial made Sun an advisor to the company.
Since its inception, the DeFi project has initiated some investments to showcase its trust in innovative crypto projects. As earlier by Coinspeaker, WLFI has spent over $45 million on various cryptocurrencies. On-chain data provider Lookonchain revealed that since November 30, World Liberty has spent 30 million USDC . The funds were used to purchase 8,105 ETH and another 10 million USDC to buy 103 Coinbase Wrapped BTC .
The project also invested in other digital currencies using 2 million USDC to purchase LINK and another 2 million USDC to acquire AAVE . Also, it injected 500,000 USDC in ENA , while deploying 250,000 USDC to buy ONDO .
In total, 20.86 billion WLFI tokens have been sold, leaving 4.138 billion WLFI tokens up for sale. Meanwhile, at normal exchange prices, WLFI allows its users to buy tokens via ETH, USDC, USDT , and WETH .
The Bigger Picture
The upcoming Trump administration is expected to democratize the adoption of digital assets and Web3 protocols by leveling the playing field for all participants.
Most importantly, the US Securities and Exchange Commission () may provide a clear framework, backed by Congress. This, market experts argue will help in eliminating the ongoing speculations that block innovation in the ecosystem.
Consequently, the crypto industry is projected to grow exponentially in the coming years, surpassing gold’s market capitalization. Additionally, several countries are the introduction of a strategic Bitcoin reserve, a trend that appears as a copy of the plans by the Trump administration in this regard.
