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2025-01-20 09:03:53

Tron DAO raises investment to $75M in Trump-backed World Liberty Financial ahead of inauguration

The crypto market displays robust optimism as the United States braces for a pro-crypto leadership as Donald Trump takes office. PolitiFi tokens have flourished over the past few sessions, with TRUMP and MELANIA stealing the show . Such trends have translated to increased recognition of the Trump-backed crypto project World Liberty Financial. The “Unlock your liberty. Own the future” ecosystem attracted attention after its fast-paced initial presale, with 20 billion tokens sold out. The massive interest from whale investors saw the WLFI team opening another 5% of the assets’ supply, magnifying the presale to 25 billion tokens. The project had already sold about 1 billion WLFI of the added 5 billion units, reflecting unwavering demand. TRON bets big on World Liberty Financial Tron and its co-founder, Justin Sun, have interacted with WLFI since 2024. Sun revealed a $30 million investment into the DeFi protocol in late November, demonstrating his trust that Donald Trump will make the US a blockchain hub. He also joined World Liberty Financial as an advisor Meanwhile, Justin Sun announced that Tron DAO has increased its stake to approximately $75 million following a $45 million investment announced earlier today. H.E. Justin Sun 🍌 @justinsuntron · Follow 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 8:09 am · 20 Jan 2025 1.5K Reply Copy link Read 199 replies The massive investment signals Tron’s confidence in World Liberty Financial’s future. These trends continue as Donald Trump assumes office after today’s inauguration. Experts believe the president-elect will transform America into a crypto hub, setting the stage for crypto’s global acceptance. World Liberty Financial to use TRX for its treasury The DeFi protocol plans to purchase TRX coins for its treasury. Emiliano @EmilianoVolpe1 · Follow 🚨World Liberty Financial, the crypto project backed by the family of U.S. President-elect Donald Trump, plans to acquire tron (TRX) tokens for its treasury🚨Why is nobody talking about this?? TBULL 100x incoming. 12:59 pm · 20 Jan 2025 0 Reply Copy link Read more on Twitter The move will likely cement the close ties between the Tron empire and the World Liberty Financial. Besides being World Liberty Financial’s advisor, Justin Sun is the top holder of the native token WLFI. World Liberty is yet to disclose how much it will spend to add TRX to its crypto reserve. Donald Trump is the chief cryptocurrency advocate of WLFI, which promises crypto-financial offerings to the masses. Experts view Trump’s return to the presidency as a win for the digital assets space. The increased attention of World Liberty Financial highlights how the incoming US government is crucial in shaping web3 and crypto’s future. Donald Trump and first-lady Melania have launched Solana-based meme tokens. TRUMP and MELANIA boast over $13 billion in market cap, indicating massive growth two days after launching. The new PolitiFi tokens witnessed a staggering demand, which overwhelmed the Solana blockchain . TRX price outlook The altcoin maintained uptrends in the past 24 hours, gaining over 2% to $0.2420 at press time. TRX price Chart by Coinmarketcap TRX displays stability amidst wild volatility, which has propelled Bitcoin to new all-time highs while the global crypto market cap surged over 3% to $3.73 trillion in the past day. Meanwhile, analysts expect massive gains for the crypto space in the upcoming weeks and months. Tron’s close ties with the Trump administration could mean a smooth patch for TRX to penetrate the US marketplace. That could welcome bullish products as a spot TRX exchange-traded fund in the upcoming times. The post Tron DAO raises investment to $75M in Trump-backed World Liberty Financial ahead of inauguration appeared first on Invezz

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