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Home»ALTCOIN NEWS»TRON Founder Justin Sun Appointed Advisor to Donald Trump’s World Liberty Financial After Acquiring 10% Stake
ALTCOIN NEWS

TRON Founder Justin Sun Appointed Advisor to Donald Trump’s World Liberty Financial After Acquiring 10% Stake

By Crypto FlexsNovember 28, 20242 Mins Read
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TRON Founder Justin Sun Appointed Advisor to Donald Trump’s World Liberty Financial After Acquiring 10% Stake
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TRON (TRX) blockchain founder Justin Sun is currently an advisor to World Liberty Financial (WLFI), a decentralized finance (DeFi) cryptocurrency project backed by US President-elect Donald Trump.

WLFI said in a post on social media platform

“Justin is the founder of TRONDAO, advisor to HTX_Global, and supporter of BitTorrent. The University of Pennsylvania graduate recently won a bid for his iconic banana artwork at Sotheby’s. TRON is one of the world’s top 10 cryptocurrencies and one of the largest public blockchains.

Justin’s insight and experience will be instrumental as we continue to innovate and grow. Welcome to the team, Justin!”

World Liberty Financial announced Sun’s new role after TRON DAO, TRON’s decentralized autonomous organization, invested $30 million in the DeFi project, making it its largest investor.

The project, which claims to be the only Trump-inspired DeFi platform, plans to sell 20 billion WLFI utility tokens. Since launching the token sale in October, 3.54 billion tokens have been sold for $0.015 each.

According to data from Ethereum blockchain explorer Etherscan, TRON DAO received 2 billion tokens through investments. This represents a 10% stake in the platform.

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