With the formal inauguration of Trump, who became the first "crypto president" in US history, the crypto project World Liberty Financial (WLFI) supported by his family launched a series of eye-catching moves on the day of his inauguration. On January 20 local time, WLFI announced that it had increased its holdings of $32.81 million in WBTC, $37.47 million in ETH, $4.7 million in TRX, and various other cryptocurrencies, with a total increase of over $88 million. Justin Sun, the founder of TRON, posted on his X platform personal account saying: "We have become a part of history."
In this strategic increase by WLFI, TRON was the first Chinese blockchain project to be included in WLFI's investment portfolio. This move is of great significance, 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 launch of in-depth cooperation between the two parties in the crypto ecosystem.
It is reported that WLFI is a cryptocurrency project that is highly supported by the Trump family, aiming to provide users worldwide with more secure, convenient, and efficient financial services through decentralized finance (DeFi). The project has received high attention and endorsement from the Trump family, with Trump himself even personally posting on social media to promote WLFI and claiming to be the "chief cryptocurrency advocate" of the project. Trump's two sons, Donald Jr. and Eric, also serve as "Web 3 ambassadors" of WLFI, actively promoting the project.
TRON, founded by Justin Sun, is one of the undisputed leading projects in the blockchain field. Since its inception, TRON has been committed to promoting the popularization of blockchain technology.
Justin Sun not only focuses on technological progress, but also on the widespread application of blockchain technology and the realization of its actual value. TRON has expanded the application ecosystem of blockchain technology to multiple fields, including payments, decentralized finance (DeFi), stablecoins, Non-Fungible Tokens (NFTs), cross-chain protocols, and the metaverse. TRON's decentralized finance (DeFi) ecosystem is particularly prominent, providing a stable and efficient operating environment for decentralized finance applications, and has also long been the largest circulation network for the popular stablecoin USDT.
This increase in TRX by WLFI not only recognizes the technical strength and market position of TRON, but also marks a milestone event in the cooperation between the Trump family's crypto ecosystem and Chinese projects.
This increase 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 had previously invested $30 million in WLFI and announced on January 20 that TRON DAO would add an additional $45 million in investment, bringing the total investment to $75 million. This in-depth 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 collaborate with WLFI in more areas such as decentralized finance (DeFi), stablecoins, and cross-chain technology, jointly exploring the application scenarios of blockchain technology.
Against the backdrop of Trump's inauguration as the "crypto president", the cooperation between TRON and WLFI undoubtedly brings new hope and opportunities to the cryptocurrency field. TRON is the first Chinese project to be invested in by the Trump family's crypto ecosystem, and this milestone event has important symbolic significance. It not only proves the technical strength and market potential of Chinese blockchain projects on a global scale, but also provides a reference and example for other Chinese projects to enter the mainstream international crypto ecosystem.
