The Trump family's cryptocurrency project WLFI makes its first investment in a Chinese project, purchasing $4.7 million worth of TRON tokens (TRX)
ChainCatcher news, the Trump family's crypto project WLFI posted on the X platform stating that to commemorate Trump's inauguration as the 47th President of the United States, it has laid out multiple crypto assets, including an investment of $4.7 million in TRX (Tron token). This is WLFI's first investment in a Chinese project, further highlighting TRX's strong momentum in the global market.
In addition, Tron representatives were invited to attend the presidential inauguration on January 20 and, through their established nonprofit organization "Digital Sovereignty Alliance" (DSA), became a sponsor of the crypto industry's celebration event for Trump and Vance's inauguration ball (Crypto Ball). Tron founder Justin Sun expressed his anticipation for the forward-looking crypto policies that the new administration may introduce, which are expected to drive growth and innovation in the blockchain industry in the U.S. and globally.
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