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{"id":114501,"date":"2025-01-18T07:39:50","date_gmt":"2025-01-18T07:39:50","guid":{"rendered":"https:\/\/cryptocurrencypanther.com\/2025\/01\/18\/world-liberty-financial-acquires-tron-trx-tokens-heres-why\/"},"modified":"2025-01-18T07:39:50","modified_gmt":"2025-01-18T07:39:50","slug":"world-liberty-financial-acquires-tron-trx-tokens-heres-why","status":"publish","type":"post","link":"https:\/\/cryptocurrencypanther.com\/2025\/01\/18\/world-liberty-financial-acquires-tron-trx-tokens-heres-why\/","title":{"rendered":"World Liberty Financial Acquires TRON (TRX) Tokens, Here’s Why"},"content":{"rendered":"


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As US President-elect Donald Trump prepares to take office, World Liberty Financial, a cryptocurrency initiative supported by the Trump family, has announced plans to invest in TRON (TRX) tokens. This initiative strengthens the Trump-backed crypto project\u2019s ties with Justin Sun\u2019s Tron ecosystem.<\/p>\n

However, there are no confirmations on the amount of tokens Trump\u2019s crypto organization intends to add to its portfolio. Sun, being an advisor at Donald Trump\u2019s crypto organization and the largest holder of the WLFI token, will likely play a crucial role in the project\u2019s TRX investment strategy.<\/p>\n

World Liberty Financial Expands Portfolio with TRON Investments<\/h2>\n

As reported by people familiar with the matter, Trump\u2019s World Liberty Financial has plans to expand its cryptocurrency collection with TRON investments. Though it is unclear how much TRX the entity would purchase, it is estimated that a significant portion of its profits would be used for the investment.<\/p>\n

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Since its launch in September, Trump\u2019s crypto organization has spent<\/a> about $12 million to buy assets like Ethereum (ETH), Aave, and Chainlink (LINK). Further, it\u2019s worth mentioning that the organization has raised almost $90 million by selling its WLFI tokens. Notably, Sun, the single-largest holder of WLFI, acquired tokens worth about $30 million in November.<\/p>\n

Tron DAO\u2019s DSA Sponsors Trump\u2019s Crypto Ball<\/h2>\n

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In a parallel development, the Digital Sovereignty Alliance, a nonprofit social welfare organization established by Tron, is backing Donald Trump\u2019s inaugural Crypto Ball<\/a>. In a recent X post, the organization announced, \u201cDigital Sovereignty Alliance proudly sponsors the inaugural Crypto Ball, celebrating American innovation alongside President-elect Trump\u2019s inauguration.\u201d<\/p>\n

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Digital Sovereignty Alliance proudly sponsors the inaugural Crypto Ball, celebrating American innovation alongside President-elect Trump\u2019s inauguration.#DSA<\/a> looks forward to working with the new administration to foster innovation through ethical policies that prioritize public\u2026 pic.twitter.com\/QAFlYUt7PI<\/a><\/p>\n

\u2014 Digital Sovereignty Alliance (DSA) (@DSAForg) January 16, 2025<\/a><\/p>\n<\/blockquote>\n

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Expressing appreciation for Trump\u2019s potential inauguration and the DSA\u2019s Crypto Ball sponsorship, Justin Sun stated<\/a>,<\/p>\n

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As President-elect Donald Trump takes office, I\u2019m excited about the opportunities for forward-thinking crypto policies that can drive growth and innovation, not just in the U.S., but across the global blockchain industry.<\/p>\n<\/blockquote>\n

World Liberty Financial\u2019s Investment Plan Sends Tron to a Weekly High<\/h2>\n

Following World Liberty Financial\u2019s\u00a0TRX acquisition announcement, TRON token<\/a> reached a weekly high of $0.259. As of press time, the token is trading at $0.2443, marking a marginal daily surge of 0.47%. Despite a monthly loss of 7%, the TRON token gained 0.72% over the last 7 days. In addition, the 24-hour trading volume of the token has also seen a notable growth of 40%, currently at $1.33 billion.<\/p>\n

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