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

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 a post on social media platform X, WLFI says Sun’s qualifications will enable him to make significant contributions to the development of the 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 Sotheby’s auction for the iconic banana artwork. TRON is among the world’s top 10 cryptocurrencies and one of the largest public blockchains. 

Justin’s insights and experience will be instrumental 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 DeFi platform inspired by Trump, intends to sell 20 billion WLFI utility tokens. It has so far sold 3.54 billion tokens at $0.015 each since launching the token sale in October.

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

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on X, Facebook and Telegram

Surf The Daily Hodl Mix

&nbsp

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

Generated Image: Midjourney

The post TRON Founder Justin Sun Named Advisor to Donald Trump’s World Liberty Financial After Acquiring 10% Stake appeared first on The Daily Hodl.