Justin Sun, the billionaire behind Tron and a well-known figure in the cryptocurrency realm, has formally become an advisor for World Liberty Financial (WLFI).
World Liberty Financial, in a post on X (previously Twitter), lauded Sun’s vast experience and acumen, emphasizing that his advisory position would be crucial in fueling the project’s expansion and innovation.
Sun, who also serves as an advisor to the HTX cryptocurrency exchange and backs BitTorrent, is anticipated to make substantial contributions to the strategic path and the growth of the DeFi network of the project.
This revelation comes after Sun’s hefty $30 million investment in WLFI, the native token of the decentralized finance project supported by former U.S. President Donald Trump. Through this investment, Sun has emerged as the project’s top investor, strengthening his clout in the DeFi ecosystem.
Launched as part of Trump’s pro-crypto campaign platform, World Liberty Financial aspires to emerge as a frontrunner in the resurgent DeFi sector. The project recently incorporated Chainlink’s advanced technology, utilizing the Oracle network’s infrastructure for on-chain data management and cross-chain connectivity.
This step underlines WLFI’s emphasis on innovation and progress, in line with Trump’s objective of making the United States a global epicenter for cryptocurrency and blockchain progress.
This development has drawn considerable attention within the crypto community, due to Sun’s prominent standing and the political support behind the project. The partnership between Sun and Trump’s crypto endeavor indicates a burgeoning convergence of blockchain technology and mainstream political endorsements, potentially remolding the DeFi terrain in the upcoming years.
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