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Home»DeFi»TRON Founder Justin Sun Named Advisor to Donald Trump’s World Liberty Financial After Acquiring 10% Stake
DeFi

TRON Founder Justin Sun Named Advisor to Donald Trump’s World Liberty Financial After Acquiring 10% Stake

November 29, 2024No Comments
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TRON (TRX) blockchain founder Justin Sun is now an advisor to World Liberty Financial (WLFI), the decentralized finance (DeFi) crypto project backed by US President-elect Donald Trump.

In an article published on social media platform

“Justin is the founder of TRONDAO, an advisor to HTX_Global, and a supporter of BitTorrent. A graduate of the University of Pennsylvania, he recently won the Sotheby’s auction for the iconic banana work. TRON is among the top 10 cryptocurrencies in the world and one of the largest public blockchains.

Justin’s knowledge and experience will be essential as we continue to innovate and grow. Welcome to the team, Justin!

World Liberty Financial announced Sun’s new role after TRON’s decentralized autonomous organization, TRON DAO, invested $30 million in the DeFi project to become its largest investor.

The project, which claims to be the only Trump-inspired DeFi platform, intends to sell 20 billion WLFI utility tokens. So far, it has sold 3.54 billion tokens at $0.015 each since the token sale launched in October.

Data from Ethereum blockchain explorer Etherscan shows that TRON DAO received 2 billion tokens through its investment. This represents a 10% stake in the platform.

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Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should conduct due diligence before making high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that your transfers and transactions are at your own risk and any losses you may incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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