World Liberty Financial (WLFI), the cryptocurrency project backed by the family of US President-elect Donald Trump, is reportedly planning to add Tron (TRX) tokens to its treasury, according to a source familiar with the matter. The move would further solidify the project’s growing ties to the Tron ecosystem.
Tron founder Justin Sun already plays a prominent role as an advisor to World Liberty Financial. Sun is also the largest individual holder of WLFI tokens, having purchased $30 million worth of WLFI tokens in November.
While the exact amount of TRX that will be purchased by World Liberty Financial remains unclear, the project has a history of strategically allocating its funds. Having raised $90 million from the WLFI token sale, World Liberty has previously aligned itself with partnerships in the crypto space by investing seven-figure sums in AAVE and LINK tokens.
Donald Trump, who serves as WLFI’s “crypto advocate in chief,” has positioned the project as a gateway to bringing crypto-financial services to a broader audience. Trump’s impending return to the White House is seen by many as a potential turning point for the crypto industry. Tron appears to be deeply involved in the project’s expansion. A delegation from Tron is expected to attend Trump’s inauguration on Monday after sponsoring the industry’s first “Crypto Ball” gala in Washington on Friday night.
*This is not investment advice.
Source: https://en.bitcoinsistemi.com/watch-out-trumps-cryptocurrency-project-wlfi-allegedly-considering-buying-this-surprise-altcoin/