WLFI Lianchuang: A turning point came after Sun Yuchen purchased 30 million USD of WLFI amid difficulties in early fundraising
ChainCatcher news, according to Zak Folkman, co-founder of World Liberty Financial, the crypto project World Liberty Financial (WLFI), supported by Trump, has seen a turnaround due to the involvement of Sun Yuchen amidst early fundraising difficulties. After purchasing WLFI tokens for $30 million, Sun Yuchen became the official advisor of the project. Folkman stated at the Consensus Hong Kong conference that the project's goal is to integrate traditional financial institutions with decentralized finance.
Folkman emphasized that the success of WLFI did not rely on venture capital support and did not offer any special treatment to token buyers. Notably, World Liberty also purchased $10 million worth of TRX (the native token of Sun Yuchen's TRON blockchain) and WBTC.