Justin Sun invests $30m in Trump project World Liberty Financial

Justin Sun invested $30 million in World Liberty Financial, a decentralized finance project backed by Donald Trump.

Tron (TRX) founder Justin Sun became the biggest supporter of World Liberty Financial by announcing his investment on November 25. . The DeFi project, which launched its WLFI token sale in October, confirmed Sun’s contribution. Sun expressed his excitement for the project in a post on X:

“We are thrilled to invest $30 million in World Liberty Financial as its largest investor. The USA 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!”

WLFI attracted great attention leading up to its launch, and Donald Trump’s position moved it even higher within the new project’s ecosystem. However, the DeFi project has made slow progress in overall investment of eligible projects, with the 20,000 milestone being reached more than a month since its debut.

The platform announced the 20,000 WLFI token holder milestone on November 18, two weeks after Trump won the 2024 US elections. Bitcoin (BTC) has approached $100,000 and despite its pullback, remains largely bullish.

World Liberty Financial also confirmed Sun’s investment via X, and the team noted:

“Together we are pioneering innovation, aligning with the vision of a stronger blockchain future, and contributing to the growing ecosystem.”

World Liberty Financial announced sales of its WLFI token in September, open to non-U.S. investors and qualified U.S. investors.

Sun’s acquisition of WLFI pushes the project’s sales well beyond the $30 million threshold at which a Trump company would receive a portion of the sales proceeds.