Michaela Alvez
Justin Sun, the founder of Tron (TRX), has announced that the TRON Decentralized Autonomous Organization (DAO) has increased its total investment in World Liberty Financial (WLFI), led by President-elect Donald Trump, to $75 million.
In a recent post on X, Sun announced that TRON DAO has allocated an additional $45 million to its investment in WLFI. The move comes as TRON DAO continues to deepen its involvement with WLFI, with blockchain analytics platform Lookonchain reporting that the organization recently spent $15 million in USDT to acquire 1 billion WLFI tokens.
The timing of these transactions, reportedly separated by just an hour, has sparked speculation about TRON DAO’s potential role in bolstering liquidity within the ecosystem. Observers suggest that the close coordination may indicate TRON’s strategic involvement in supporting WLF’s financial activities.
Interestingly, these developments unfolded mere hours before the U.S. Presidential inauguration, where Donald Trump is set to officially assume the presidency for a second term.
Shortly after Sun’s announcement, WLFI shared on X that it had added 5% of its token supply for sale. The tokens are available for purchase through the official WLFI website, with a total sale volume of 25 billion tokens.
As of now, 20.86 billion WLFI tokens have been sold, with 4.138 billion remaining available for purchase. The World Liberty Financial website enables users to buy the tokens using ETH, USDC, USDT, or WETH, based on the current exchange rate.
Sun’s Previous WLFI Investment
In November 2024, Sun made a notable investment of $30 million, marking his first major contribution to the company’s token sales.
Sun’s investment followed closely after Trump’s election win, and he emphasized that his decision to back WLFI was based on the project’s ability to offer “innovative solutions for decentralized lending and governance.” He dismissed any claims that his involvement had political motives.
After his initial investment, Sun was officially named the latest advisor to WLFI in an announcement shared on X. The Tron founder’s appointment sparked optimism at the time, with many anticipating that his expertise would provide valuable strategic direction and drive the project’s expansion.
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Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.
