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Cryptocurrency News Articles
Sui Network (SUI) Has Been Added to World Liberty Financial's (WLFI) Strategic Token Reserve
Mar 06, 2025 at 11:34 pm
Fast-growing layer-1 network Sui has formed a partnership with World Liberty Financial, the DeFi protocol inspired by President Donald Trump.
Fast-growing layer-1 network Sui has partnered with World Liberty Financial, the DeFi protocol inspired by President Donald Trump.
Announced Monday, the partnership will see WLFI include Sui in its strategic token reserve, which is designed to support leading Web3 projects. In a post on X, the two entities also highlight their shared commitment to decentralization and financial transparency.
As part of the partnership, the Trump-inspired DeFi project will add Sui’s token to its “Macro Strategy,” an initiative launched last month to strengthen top-tier crypto assets.
While the initiative has previously focused on major cryptocurrencies like Ethereum, this collaboration brings Sui into the conversation as a potential addition to the reserve.
“We are excited to welcome Sui to Macro Strategy,” said Eric Trump, son of the president and Web3 ambassador for WLFI.
Highlighting Sui’s strong technological foundation and its alignment with WLFI’s mission to expand decentralized finance in the U.S., Trump added: “We’ve been following Christian and the team’s journey closely, and we’re impressed by the progress they’ve made in building a trusted and innovative blockchain network.”
Meanwhile, Zak Folkman, co-founder of WLFI, praised Sui’s innovation and adoption, calling it a natural fit for their objectives.
“We chose SUI for its American-born innovation combined with impressive scale and adoption,” Folkman said. “We’re looking forward to exploring deeper integration with their technology in the coming months.”
Although WLFI has announced its intention to include SUI in its strategic reserve, it remains unclear whether the entity has begun acquiring the asset.
In the past, WLFI has made several additions to its treasury, notably focusing on ETH. But this would be its first time working with SUI. However, the partnership suggests that SUI could become a more significant part of their future financial strategy.
Christian Thompson, managing director at Sui, also noted the importance of the partnership, stating that WLFI has chosen to work with Sui as their preferred American blockchain.
“This partnership is a testament to the speed, security, and accessibility of the SUI network, which is why we are happy to be including it in our treasury,” Thompson said.
Moreover, he confirmed ongoing discussions between the two teams for deeper integrations across WLFI’s DeFi and centralized finance (CeFi) initiatives, hinting at further collaboration in the pipeline.
It is worth noting that despite rumors circulating online, there is no connection between WLFI’s strategic reserve and the U.S. government’s recent plans for a similar initiative.
Over the weekend, President Trump announced plans for a national strategic cryptocurrency reserve that would include Bitcoin, Ethereum, XRP, Solana, and Cardano. However, this initiative is being led by the government and will focus on supporting the U.S. dollar.
Despite being inspired by President Trump, the partnership between Sui and WLFI is an independent endeavor, with no ties to the U.S. government’s strategy.
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- As Litecoin (LTC) Struggles to Maintain Momentum, Coldware (COLD) Emerges as a DePIN Chain Champion
- Mar 07, 2025 at 03:30 am
- This article introduces Coldware (COLD), a Layer 1 blockchain that is staking its claim as a leading solution in the DePIN (Decentralized Physical Infrastructure Networks) space.
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