As Trump was officially sworn in as the first crypto president in American history, the crypto project World Liberty Financial (WLFI), supported by his family, launched a series of eye-catching moves on his first day in office. On January 20, local time, WLFI announced that it had increased its holdings of WBTC worth $32.81 million, ETH worth $37.47 million, TRX worth $4.7 million, and various other cryptocurrencies, with a total increase of more than $88 million. Sun Yuchen, the founder of TRON, posted in his personal account on the X platform: We have become part of history.
In this strategic increase in WLFIs holdings, TRON is the first Chinese blockchain project to be included in WLFIs investment portfolio. This move is of great significance. It not only represents the extension of the Trump familys strategic layout in the field of cryptocurrency to the Chinese blockchain community, but also marks the official start of the in-depth cooperation between the two parties in the field of crypto ecology.
It is reported that WLFI is a cryptocurrency project highly supported by the Trump family, which aims to provide more secure, convenient and efficient financial services to global users through decentralized finance (DeFi). The project has received high attention and endorsement from the Trump family. Trump himself even personally posted on social media to promote WLFI and called himself the chief cryptocurrency advocate of the project. Trumps two sons, Donald Jr. and Eric, also serve as WLFIs Web 3 Ambassadors and actively promote the project.
TRON is one of the undisputed leading projects in the blockchain field, founded by Justin Sun. Since its establishment, TRON has been committed to promoting the popularization of blockchain technology.
Justin Sun not only focuses on technological progress, but also on the widespread application of blockchain technology and the realization of its actual value. TRON has expanded the application ecology of blockchain technology to multiple fields, including payment, decentralized finance (DeFi), stablecoins, NFTs, cross-chain protocols, metaverse and other popular tracks. TRONs decentralized finance (DeFi) ecology is particularly prominent, providing a stable and efficient operating environment for decentralized financial applications. It has also long been the largest circulation network for the most popular stablecoin USDT.
WLFIs increase in TRX holdings is not only a recognition of TRONs technical strength and market position, but also a milestone in the cooperation between the Trump familys crypto ecosystem and Chinese projects.
This increase in holdings is a further deepening of a series of cooperation between Justin Sun, TRON and WLFI. Justin Sun is the largest single investor and strategic advisor of WLFI. He has previously invested $30 million in WLFI, and announced on January 20 that TRON DAO will invest an additional $45 million, bringing the total investment to $75 million. This in-depth cooperation not only injects strong financial support into WLFI, but also makes TRON an indispensable and important partner in the Trump familys crypto ecosystem. In the future, TRON is expected to cooperate more with WLFI in the fields of decentralized finance (DeFi), stablecoins, cross-chain technology, etc., and jointly explore the application scenarios of blockchain technology.
With Trump being sworn in as the Crypto President, the cooperation between TRON and WLFI has undoubtedly brought new hope and opportunities to the cryptocurrency field. TRON is the first Chinese project invested in by the Trump familys crypto ecosystem, and this milestone event has important symbolic significance. It not only proves the technical strength and market potential of Chinese blockchain projects worldwide, but also provides a reference for other Chinese projects to enter the international mainstream crypto ecosystem.
