cryptonewsz.com
On Tuesday, Trump-backed World Liberty Financial, a decentralized lending platform announced the appointment of Tron founder Justin Sun as an advisor. The announcement comes after a $30 million investment from Justin Sun yesterday.
🦅☀️ Exciting Announcement! ☀️🦅
We’re honored to welcome @justinsuntron as an advisor to World Liberty Financial ($WLFI)!
Justin is the founder of @TRONDAO, an advisor to @$HTX_Global, and a supporter of @BitTorrent. A graduate of the University of Pennsylvania, he recently won… pic.twitter.com/wJD24nztab
— $WLFI (@worldlibertyfi) November 26, 2024
Justin Sun Loves For $WLFI Is Endless
Founded in September 2024, World Liberty Financial represents one of Trump’s largest forays into the crypto sector. Once a vocal crypto skeptic, Trump has recently embraced digital assets.
Justin Sun is the founder of Tron DAO and blockchain, and an advisor of the $HTX crypto exchange. He recently grabbed headlines after winning Sotheby’s auction for $6.2M on Maurizio Cattelan’s “Comedian,” a banana taped to a wall, and plans to eat the art.
Zak Folkman, World Liberty’s co-founder, hinted at further strategic moves ahead without disclosing additional details.
As the news has taken the crypto world by storm, the TRX token’s value surged to $0.19 with a 0.44% hike. In the last 24 hours, the token’s trading volume has surged around $1.37 billion with a 17.07% spike.
Sun’s $30 million investment has made him the largest investor in the World Liberty Financial. The project aims to bring stability to the cryptocurrency market through US dollar-pegged stablecoins. However, the project has struggled to attract substantial investor interest since its inception.