Trump World Liberty Financial (WLFI) Crypto Project Buy 10 Million TRX

Bittime - World Liberty Financial (WLFI) is a crypto project owned by Donald Trump's family. Recently WLFI purchased 10 million TRX tokens. So, what impact will this purchase have on WLFI itself and TRX? Read the full article!

World Liberty Financial (WLFI) at a Glance

World Liberty Financial (WLFI) is a crypto project supported by US President, Donald Trump, and his family. 

Known as an Ethereum-based DeFi platform, WLFI aims to provide a permissionless and peer-to-peer digital asset system. 

The project launched in October 2024 and has attracted the attention of investors with the ambition to position the United States as a leader in crypto adoption.

Purchase of 10.61 million TRX

On January 24 2025, WLFI made a massive purchase of 10.61 million TRX (Tron) tokens with a value of 2.65 million USDT. 

This purchase is part of a broader investment strategy by WLFI to strengthen their digital asset portfolio and demonstrate commitment to the crypto ecosystem.

WLFI and TRON Collaboration

The collaboration between WLFI and TRON is expected to result in beneficial synergies for both parties. 

TRON, as one of the leading blockchain platforms, offers a powerful infrastructure for decentralized application development. 

With this acquisition, WLFI not only increases its liquidity but also expands its reach in the increasingly competitive DeFi sector.

Impact on WLFI and TRX

The purchase of 10.61 million TRX is expected to have a positive impact on WLFI and the TRX token itself. For WLFI, this step shows confidence in TRON's long-term growth potential. 

Meanwhile, for TRX, this acquisition can increase market demand and price stability for the token, considering the support from large entities such as WLFI.

Conclusion

World Liberty Financial's strategic move in purchasing 10.61 million TRX tokens reflects their ambition to become a major player in the crypto world. 

With support from the Trump family and a focus on DeFi development, WLFI has the potential to change the crypto investment landscape in the US and globally.

FAQ 

What is World Liberty Financial (WLFI)?  

WLFI is an Ethereum-based cryptocurrency project supported by Donald Trump and his family.

Why did WLFI buy TRX?  

This purchase aims to strengthen their digital asset portfolio and demonstrate commitment to the crypto ecosystem.

What is the impact of this purchase?  

The impact could increase market demand for TRX and provide price stability for the token.

Who is involved in the WLFI project?  

The project is led by Zachary Folkman and Chase Herro, who were previously involved in other DeFi platforms.

When was the WLFI project launched?  

The project launches in October 2024.

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Reference

World Liberty Financial, WLFI Governance, Accessed January 24, 2025 
Iq, World Liberty Financial Coin, Accessed January 24, 2025
ICO Holder, World Liberty Financial (WLFI), Accessed January 24, 2025