TRON Founder Justin Sun Becomes Biggest Investor in Donald Trump’s New Crypto Project
Justin Sun, the founder of the TRON (TRX) blockchain, has announced a multi-million dollar investment in World Liberty Financial, a decentralized finance (DeFi) crypto project backed by US President-elect Donald Trump. Sun says that TRON blockchain’s decentralized autonomous organization, TRON DAO, will invest $30 million in World Liberty Financial. “The US is becoming the blockchain hub, and Bitcoin owes it to Donald Trump! TRON is committed to making America great again and leading innovation. Let’s go!” TRON DAO is now the largest investor in the Trump-backed DeFi project. World Liberty Financial is built on the Ethereum (ETH) blockchain and intends to sell 20 billion WLFI utility tokens of the project for $0.015 each, potentially putting it on course to raise $300 million. According to the Ethereum blockchain explorer Etherscan, TRON DAO received two billion WLFI tokens from the DeFi project, representing a 10% stake in the World Liberty Fi...