{"id":18905,"date":"2024-11-26T11:26:55","date_gmt":"2024-11-26T09:26:55","guid":{"rendered":"https:\/\/forklog.com\/en\/justin-sun-becomes-leading-investor-in-world-liberty-financial\/"},"modified":"2024-11-26T11:26:55","modified_gmt":"2024-11-26T09:26:55","slug":"justin-sun-becomes-leading-investor-in-world-liberty-financial","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/justin-sun-becomes-leading-investor-in-world-liberty-financial\/","title":{"rendered":"Justin Sun Becomes Leading Investor in World Liberty Financial"},"content":{"rendered":"<p>Justin Sun <a href=\"https:\/\/etherscan.io\/tx\/0x0560495eb3986a085e7f595302f1c35297acbe60aab9c4405664c3ccfb7601cc\">acquired<\/a> 2 billion WLFI tokens from the crypto platform World Liberty Financial for $30 million. This transaction made the TRON founder the largest investor in the project, which is associated with Donald Trump&#8217;s family.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">We are thrilled to invest $30 million in World Liberty Financial <a href=\"https:\/\/twitter.com\/worldlibertyfi?ref_src=twsrc%5Etfw\">@worldlibertyfi<\/a> as its largest investor. The U.S. is becoming the blockchain hub, and Bitcoin owes it to <a href=\"https:\/\/twitter.com\/realDonaldTrump?ref_src=twsrc%5Etfw\">@realDonaldTrump<\/a>! TRON is committed to making America great again and leading innovation. Let&#8217;s go! <a href=\"https:\/\/t.co\/cISTsVYP1f\">pic.twitter.com\/cISTsVYP1f<\/a><\/p>\n<p>\u2014 H.E. Justin Sun ? (@justinsuntron) <a href=\"https:\/\/twitter.com\/justinsuntron\/status\/1861121947372773545?ref_src=twsrc%5Etfw\">November 25, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The crypto platform team aims to raise $300 million from the sale of 100 billion WLFI \u2014 the project&#8217;s governance token on Ethereum.<\/p>\n<p>On October 15, World Liberty Financial raised over $5 million in the first hour of its presale. By October 17, a day after the sales began, the amount exceeded $10 million. With Sun&#8217;s purchase, the company has raised over $50 million.<\/p>\n<p>World Liberty Financial is a DeFi platform introduced by the Trump family in September.<\/p>\n<p>In the project&#8217;s <a href=\"https:\/\/static.worldlibertyfinancial.com\/docs\/intl\/gold-paper.pdf\">gold paper<\/a>, the elected President of the United States is listed as the &#8220;chief crypto advocate,&#8221; while his sons Eric, Barron, and Donald Trump Jr. are Web3 ambassadors. Rich Teo, co-founder of Paxos, has been appointed as head of stablecoins and payments. Luke Pearson from Polychain Capital is noted as an advisor.<\/p>\n<p>Trump Sr.&#8217;s company, DT Marks DEFI LLC, will receive 22.5 billion WLFI and 75% of World Liberty Financial&#8217;s net income, after operating expenses and the initial $30 million allocated for creating an operating reserve.<\/p>\n<p>Previously, Trump nominated his supporter, financier Scott Bessent, for the position of U.S. Treasury Secretary.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Justin Sun acquired 2 billion WLFI tokens from the crypto platform World Liberty Financial for $30 million. This transaction made the TRON founder the largest investor in the project, which is associated with Donald Trump&#8217;s family. We are thrilled to invest $30 million in World Liberty Financial @worldlibertyfi as its largest investor. The U.S. is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18904,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[991,1302],"class_list":["post-18905","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-donald-trump","tag-justin-sun"],"aioseo_notices":[],"amp_enabled":true,"views":"125","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/18905","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=18905"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/18905\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/18904"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=18905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=18905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=18905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}