The Trump family's cryptocurrency project plans to purchase TRX, and TRON is sponsoring the presidential inauguration crypto ball
Recently, TRON has become a sponsor of the Crypto Ball event celebrating the inauguration of Trump and Vance through its established nonprofit organization, the Digital Sovereignty Alliance (DSA). A representative from TRON will also attend the presidential inauguration scheduled for January 20. Meanwhile, sources reveal that the cryptocurrency project World Liberty Financial, supported by the Trump family, plans to acquire TRX to include it in its cryptocurrency reserves.
TRON founder Justin Sun expressed excitement about the opportunities presented by the forward-looking cryptocurrency policies that the newly elected President Donald Trump is expected to introduce, which are anticipated to drive growth and innovation in the blockchain industry both in the U.S. and globally.
TRON Representatives to Attend Trump's Inauguration
The Crypto Ball is one of a series of extended events for Trump's inauguration, held grandly on January 17 at the Andrew W. Mellon Auditorium in Washington, D.C.
In an official statement, the DSA said, "The Digital Sovereignty Alliance is honored to sponsor the inaugural Crypto Night event and looks forward to collaborating with the new administration to promote innovation through more responsible policies that prioritize public welfare." This statement not only highlights the DSA's sense of social responsibility but also further solidifies TRON's position as an industry leader.
In addition to actively participating in Trump's inauguration through the DSA, TRON representatives are reportedly set to engage in other official activities. This indicates that TRON aims to promote greater support for the blockchain industry at the policy level through close cooperation with the new U.S. government. According to insiders, TRON representatives will officially attend Trump's inauguration on January 20, further strengthening ties with the government and the industry.
Trump Family's Crypto Project WLFI Plans to Acquire TRX
Another significant piece of news is that World Liberty Financial (WLFI), a cryptocurrency project supported by the Trump family, plans to include TRX in its cryptocurrency reserves. According to insiders, the project previously raised $90 million by issuing its token WLFI and has made significant progress in the decentralized finance (DeFi) sector. WLFI has previously invested in projects like AAVE and Chainlink, and this planned acquisition of TRX further demonstrates its recognition and confidence in the TRON ecosystem.
Justin Sun is not only a strategic advisor for WLFI but has also become the largest single token holder of WLFI with a $30 million investment. The previous deep cooperation has further solidified the strategic alliance between TRON and the Trump team.
Market analysts speculate that the Trump administration may push for TRX to enter the U.S. Treasury's cryptocurrency reserves. As the "Chief Crypto Advocate" for World Liberty Financial, Trump's policy direction will undoubtedly have a profound impact on the development of the global cryptocurrency industry in the coming years.
TRON's deep involvement in Trump's inauguration and World Liberty Financial's planned acquisition of TRX reflects the growing recognition of leading institutions in the cryptocurrency industry. Against the backdrop of the impending Trump administration, industry insiders hope that the U.S. will promote the development and innovation of the blockchain industry globally by formulating more open and inclusive industry policies.