Justin Sun's TRON Becomes Largest Investor in Donald Trump-Backed Cryptocurrency Project World Liberty Financial

Justin Sun, the founder of the TRON TRX/USD blockchain, announced a $30 million investment in President-elect Donald Trump-backed cryptocurrency project World Liberty Financial (WLFI), lending support to the "Make America Great Again" movement.

Justin Sun, founder of the TRON (TRX) blockchain, announced a $30 million investment in President-elect Donald Trump-backed cryptocurrency project World Liberty Financial (WLFI), showing support for the “Make America Great Again” movement.

What Happened: On Monday, Sun revealed in a post on X that Tron became the largest investor in the decentralized finance (DeFi) project with the strategic expenditure.

“The U.S. is becoming the blockchain hub, and Bitcoin owes it to Donald Trump! TRON is committed to making America great again and leading innovation. Let’s go!” he said.

The WLFI team responded, saying they were honored to have the support of Sun and the Tron ecosystem.

We are thrilled to invest $30 million in World Liberty Financial @worldlibertyfi as its largest investor. The U.S. is becoming the blockchain hub, and Bitcoin owes it to @realDonaldTrump! TRON is committed to making America great again and leading innovation. Let's go! pic.twitter.com/cISTsVYP1f

Sun’s $30 million investment brought total sales of the project’s governance token past $50 million, a Dune Analytics dashboard showed, though still a fraction of the ambitious $300 million target.

The project had a slow start, managing to raise just 4% of its token presale target within the first 48 hours of its launch.

See Also: Peter Schiff Warns Trump’s Bitcoin Support Could Lead To Economic Chaos, Make America ‘Weaker’ As Wall Street Misallocates ‘Bigly’

Why It Matters: Promoted aggressively by Trump and his family, the project attracted significant attention in the thick of the GOP nominee’s presidential campaign.

The WLFI token would serve as the platform’s governance token, enabling users to engage in borrowing, lending, and other DeFi activities. However, its non-transferable, non-yielding nature may have deterred speculative traders, contributing to the lackluster presale.

According to the World Liberty Gold Paper, 75% of the protocol revenues generated by WLFI would be allocated to a firm linked to the former President, DT Marks DEFI, LLC.

As for Sun, he remains one of the largest publicly known cryptocurrency investors, boasting a portfolio valued at over $1.8 billion, data from Arkham Intelligence showed.

Photo Courtesy: Wikimedia Commons