Sun Yuchen's founded project TRON received a $4.7 million investment from the Trump family's cryptocurrency project
"We have become a part of history."With Trump officially sworn in, becoming the first "crypto president" in U.S. history, the crypto project World Liberty Financial (WLFI) supported by his family launched a series of eye-catching moves on its inauguration day. On January 20, local time, WLFI announced the acquisition of $32.81 million in WBTC, $37.47 million in ETH, $4.7 million in TRX, and various other cryptocurrencies, totaling over $88 million in acquisitions. TRON founder Justin Sun stated on his personal account on the X platform, "We have become a part of history."
In this strategic acquisition by WLFI, TRON is the first Chinese blockchain project included in WLFI's investment portfolio. This move is significant as it not only represents the Trump family's strategic layout in the cryptocurrency field extending to the Chinese blockchain community but also marks the official start of deep cooperation between the two parties in the crypto ecosystem.
It is reported that WLFI is a cryptocurrency project highly supported by the Trump family, aiming to provide safer, more convenient, and efficient financial services to global users through decentralized finance (DeFi). The project has received significant attention and endorsement from the Trump family, with Trump himself promoting WLFI on social media and calling himself the "chief cryptocurrency advocate" of the project. Trump's two sons, Donald Jr. and Eric, also serve as "Web 3 ambassadors" for WLFI, actively promoting the project.
TRON, founded by Justin Sun, is one of the undisputed leading projects in the blockchain field. Since its establishment, TRON has been committed to promoting the popularization of blockchain technology.
Justin Sun not only focuses on technological advancements but also on the widespread application and realization of the practical value of blockchain technology. TRON has expanded the application ecosystem of blockchain technology into multiple fields, including payments, decentralized finance (DeFi), stablecoins, NFTs, cross-chain protocols, and the metaverse. TRON's decentralized finance (DeFi) ecosystem is particularly prominent, providing a stable and efficient operating environment for DeFi applications, while also being the largest circulation network for the long-popular stablecoin USDT.
This acquisition of TRX by WLFI is not only a recognition of TRON's technological strength and market position but also a milestone event in the cooperation between the Trump family's crypto ecosystem and Chinese projects.
This acquisition is a further deepening of a series of collaborations between Justin Sun, TRON, and WLFI. Justin Sun is the largest single investor and strategic advisor of WLFI. He previously invested $30 million in WLFI and announced an additional $45 million investment from TRON DAO on January 20, bringing the total investment to $75 million. This deep cooperation not only injects strong financial support into WLFI but also makes TRON an indispensable partner in the Trump family's crypto ecosystem. In the future, TRON is expected to explore more collaborations with WLFI in areas such as decentralized finance (DeFi), stablecoins, and cross-chain technology, jointly exploring application scenarios for blockchain technology.
Against the backdrop of Trump being sworn in as the "crypto president," the cooperation between TRON and WLFI undoubtedly brings new hope and opportunities to the cryptocurrency field. As the first Chinese project to receive investment from the Trump family's crypto ecosystem, this milestone event holds significant symbolic meaning. It not only proves the technological strength and market potential of Chinese blockchain projects on a global scale but also provides a reference and model for other Chinese projects entering the international mainstream crypto ecosystem.
