Watch Out! Trump’s Cryptocurrency Project WLFI Allegedly Considering Buying This Surprise Altcoin
It is rumored that the new US President Donald Trump's cryptocurrency project WLFI will make a surprise altcoin purchase.
World Liberty Financial (WLFI), the cryptocurrency project backed by the family of US President-elect Donald Trump, is reportedly planning to add Tron (TRX) tokens to its treasury, according to a source familiar with the matter. The move would further solidify the project’s growing ties to the Tron ecosystem.
Tron founder Justin Sun already plays a prominent role as an advisor to World Liberty Financial. Sun is also the largest individual holder of WLFI tokens, having purchased $30 million worth of WLFI tokens in November.
While the exact amount of TRX that will be purchased by World Liberty Financial remains unclear, the project has a history of strategically allocating its funds. Having raised $90 million from the WLFI token sale, World Liberty has previously aligned itself with partnerships in the crypto space by investing seven-figure sums in AAVE and LINK tokens.
Donald Trump, who serves as WLFI’s “crypto advocate in chief,” has positioned the project as a gateway to bringing crypto-financial services to a broader audience. Trump’s impending return to the White House is seen by many as a potential turning point for the crypto industry. Tron appears to be deeply involved in the project’s expansion. A delegation from Tron is expected to attend Trump’s inauguration on Monday after sponsoring the industry’s first “Crypto Ball” gala in Washington on Friday night.
*This is not investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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