As a seasoned crypto investor with a knack for spotting promising projects and a flair for the unconventional, I find Justin Sun’s latest move as an advisor to World Liberty Financial intriguing. Having witnessed his significant investment in WLFI and his growing influence in the crypto world, it seems that Sun is positioning himself strategically amidst the DeFi space’s resurgence.
As a researcher reporting on recent developments, I’m excited to share that I’ve learned about Justin Sun, a prominent figure in the cryptocurrency world and the brainchild behind Tron, taking on an advisory role at World Liberty Financial.
This announcement is made after Justin Sun, founder of Tron (TRX), invested a substantial $30 million in a decentralized finance project backed by Donald Trump. As reported by crypto.news, Sun revealed on November 25 that he bought $30 million worth of WLFI, the native token of World Liberty Financial. This purchase has now made him the project’s largest financial backer.
Currently, Sun – who serves as an advisor for HTX cryptocurrency exchange and endorses BitTorrent – is also serving as an advisor for the Trump project. It’s worth mentioning that the founder of Tron made a significant investment in WLFI by becoming its largest shareholder following a substantial purchase.
World Liberty emphasized that Justin’s knowledge and background will play a crucial role as we move forward with our development and expansion efforts,” (communicated through X)
The introduction of World Liberty Financial coincides with Donald Trump’s supportive views on cryptocurrency while he was running for president. After winning the election, the goal of this project is to become a leader in the Decentralized Finance (DeFi) sector by implementing partnerships and advancements within the network.
A Trump-backed initiative has recently adopted Chainlink’s technology for its on-chain data handling and cross-chain interoperability needs. World Liberty plans to leverage Chainlink’s oracle network infrastructure to expand their presence in the growing Decentralized Finance (DeFi) sector.
Recently, Sun drew attention after purchasing a banana taped with duct tape for $6.2 million at an auction held by Sotheby’s.
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2024-11-26 22:22