Crypto Billionaire Justin Sun Joins Trump’s World Liberty Financial as Key Advisor
Justin Sun, the founder of Tron blockchain, has become a pivotal investor and advisor to World Liberty Financial (WLFI), the Donald Trump-backed decentralized finance (DeFi) project.
Sun made waves on November 25 by investing $30 million in WLFI tokens, instantly becoming the project’s largest investor. Immediately following this substantial financial commitment, World Liberty Financial announced Sun’s appointment as an official advisor, signaling a potentially transformative partnership.
The investment comes at a critical juncture for WLFI, which had previously struggled to meet its ambitious fundraising goals. Initially targeting a $300 million token sale, the project had only managed to raise approximately $20 million before Sun’s intervention.
“We are thrilled to invest $30 million in World Liberty Financial as its largest investor,” Sun proclaimed on social media. He emphasized the project’s alignment with making “America great again” and positioning the United States as a blockchain innovation hub.
World Liberty Financial, which positions itself as a DeFi platform, has close ties to the Trump family. Donald Trump is listed as the project’s “chief crypto advocate,” with his sons Eric, Barron, and Donald Trump Jr. serving as “Web3 ambassadors.”
The project aims to enhance US dollar-pegged stablecoin adoption and create innovative financial technologies. It has already integrated Chainlink’s technology to support cross-chain connectivity and on-chain data infrastructure.
Sun’s involvement brings significant credibility to the project, despite ongoing regulatory challenges. The Tron founder, who has previously faced SEC scrutiny, brings extensive blockchain expertise to the initiative.
This partnership reflects the evolving relationship between cryptocurrency and political ecosystems, with Trump’s administration signaling a more crypto-friendly approach compared to previous regulatory environments.
Notably, World Liberty Financial has limited its token sales to non-US persons and US-accredited investors, a strategic move likely influenced by complex regulatory landscapes.
