By crypto.news | Created at 2024-11-26 19:35:21 | Updated at 2024-11-26 21:34:23
2 hours ago
Justin Sun, the crypto billionaire and founder of Tron, has joined World Liberty Financial as an advisor.
This announcment follows the Tron (TRX) founder’s massive $30 million investment in the Donald Trump-backed decentralized finance project. As crypto.news highlighted, Sun disclosed on Nov. 25 that he had purchased $30 million worth of WLFI, the native token of World Liberty Financial. This acquisition made him the project’s largest investor.
Now Sun, also advisor to HTX cryptocurrency exchange and supporter of BitTorrent, is the Trump project’s advisor. Notably, the Tron founder became the largest investor in WLFI with his staggering purchase.
“Justin’s insights and experience will be instrumental as we continue to innovate and grow,” World Liberty announced via X.
The launch of World Liberty Financial aligns with Trump’s pro-crypto stance during his presidential campaign. Following his election victory, the project aims to establish dominance in the DeFi space through integrations and network developments.
The Trump-inspired project recently integrated Chainlink’s technology to support on-chain data and cross-chain connectivity. World Liberty will tap into the oracle network’s infrastructure to make inroads in the resurgent DeFi market.
Sun recently made headlines when he spent $6.2 million on a duct-taped banana at a Sotheby’s auction.
