Catenaa, Tuesday, January 28, 2025 – Justin Sun, founder of TRON, has expanded his investment in World Liberty Financial (WLF), the decentralized finance platform associated with the Trump family.
Sun committed an additional $45 million, raising his total stake to $75 million and cementing his position as the platform’s largest investor.
The announcement, made via Sun’s social media account on January 19, follows his initial $30 million investment last November, which led to his appointment as an adviser to WLF.
Reports also suggest WLF plans to acquire TRON (TRX) tokens for its treasury, though specific amounts remain undisclosed.
WLF has reported strong demand for its WLFI governance tokens after a challenging launch. Initially, sluggish sales fell short of its $300 million goal, with only $11.49 million raised on the first day.
However, cumulative sales recently surged to $254 million, driven by increased interest and a spike in demand, according to Dune Analytics.
The token surge coincided with the Trump family’s launch of meme coins. The Official Trump token and Melania’s MELANIA token experienced rapid market growth before facing sharp corrections.
The Trump token now trades at $50 with a $9.9 billion market cap, while MELANIA remains volatile with a $12.46 billion fully diluted valuation.
World Liberty Financial continues to gain momentum, positioning itself as a key player in the evolving DeFi and cryptocurrency landscape.
