Justin Sun, the renowned founder of the TRON blockchain, has made a significant financial move by investing $30 million in World Liberty Financial (WLFI). This decentralized finance (DeFi) project is notably supported by President-elect Donald Trump.
The investment was executed through a digital wallet associated with Sun's HTX exchange, formerly recognized as Huobi. This financial boost comes as World Liberty Financial deals with sluggish early token sales, highlighting potential challenges in their deployment strategy.
The strategic investment could potentially revitalize WLFI and sway the DeFi market, underscoring Sun's influence in the blockchain sector and aligning with Donald Trump's business endeavors.