As Donald Trump prepares for the presidency, the Trump-backed cryptocurrency initiative World Liberty Financial has announced plans to invest in TRON (TRX ($0.24)) tokens. This initiative strengthens the connection between Trump’s supported crypto project and Justin Sun’s Tron ecosystem.
Plans for TRX Investments
According to informed sources, Trump’s World Liberty Financial intends to expand its cryptocurrency portfolio with TRON investments. Although the exact amount of TRX to be invested is not finalized, a significant portion of the organization’s profits is expected to be allocated to this investment.
Justin Sun, who serves as an advisor in Donald Trump’s crypto organization, is set to play a crucial role in the project’s TRX investment strategy as the largest holder of WLFI tokens. The organization raised approximately $90 million by selling WLFI tokens, with Sun purchasing around $30 million worth of tokens in November.
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