Tron’s Justin Sun secures position as largest investor in Donald Trump’s Crypto project

Justin Sun seems to be taking advantage of every opportunity that comes his way, with his latest move making waves in the industry.

The founder of the Tron blockchain has become the largest investor in Donald Trump’s World Liberty Financial, investing $30 million in the project’s token.

Justin Sun’s bold $30 million bet

On November 26, Sun approached X and announced that he had bought his token worth $30 million.

“We’re excited to invest $30 million in World Liberty Financial @worldlibertyfi as its largest investor. The US is becoming the center of blockchain, and Bitcoin owes it to @realDonaldTrump! TRON is committed to make america great again and lead innovation let’s go!”

Sun’s latest investment comes days after it revealed it paid $6.2 million when it won Sotheby’s auction of the famous banana, titled “Comedian,” created by Italian artist and cultural joker Maurizio Cattelan.

Meanwhile, a spokesperson for World Liberty Financial said there have been several major purchases in recent weeks, adding that they expect more such developments in the coming weeks and months. Confirming Sun’s purchase, the team behind the project tweeted:

“We are honored to be supported by @justinsuntron and @trondao! Together, we are driving innovation, aligning with a vision for a stronger blockchain future, and contributing to the growing ecosystem. Exciting times ahead! “

World Liberty Financial

Trump announced the launch of World Liberty Financial in September. The project aims to make financial services more accessible by eliminating intermediaries. Initially aiming to raise $300 million at a $1.5 billion valuation, the company has focused primarily on offshore markets.

A filing with US regulators indicates that only $30 million in tokens will be sold domestically, and the offering will end once that threshold is reached, while leaving $288.5 million in tokens for the global sale .

World Liberty Financial’s website states that despite Trump’s endorsement, neither he, his family, nor the Trump Organization have any role in managing, owning or operating the platform or its affiliates. World Liberty Financial only offers WLFI tokens.

It also claims that Trump-affiliated entity DT Marks DEFI LLC will receive around 22.5 billion tokens and 75% of the protocol’s net revenue under a services agreement. The project emphasizes that it is apolitical and not linked to any political campaign.

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