World Liberty Financial reveals a bold move to acquire TRX tokens

• World Liberty Financial aims to acquire TRX tokens for its treasury.
• Justin Sun advises World Liberty Financial, adding to Tron’s influence.
• Tron will sponsor the inaugural cryptocurrency event during Trump’s event.

Trump-backed World Liberty Financial announced its plan to acquire TRX tokens for its treasury. This latest move reflects the project’s deep ties to the TRON network and its push to offer large-scale crypto financial services.

World Liberty Financial aims to acquire TRX tokens

World Liberty Financial, a cryptocurrency project backed by the Trump family, plans to acquire Tron (TRX) tokens for its treasury. This move will strengthen the relationship between the Trump-backed project and the TRON network. Justin Sun, founder of Tron and largest WLFI token holder, plays an advisory role for World Liberty Financial.

The exact amount for TRX The tokens World Liberty Financial intends to acquire are still unclear. However, the cryptocurrency project has already raised $90 million through WLFI token sales.

World Liberty Financial positions itself as a major player in providing crypto financial services. The company aims to bring cryptocurrency offerings to more users, with Donald Trump considered the “main advocate of cryptocurrencies.” Trump’s return to the White House is expected to herald a new era for the cryptocurrency industry, especially with regard to regulation.

Tron’s involvement with World Liberty extends beyond consulting support. A delegation from TRON is expected to attend Trump’s inauguration on January 20. Tron Network also sponsored the inaugural cryptocurrency event in Washington, D.C., to show its support for the incoming administration.

Global Financial Treasury of Freedom

World Liberty Financial’s cryptocurrency treasury has seen significant growth in recent months. The project received many icons such as EthereumAnd AAVE and Chainlink, to diversify its holdings. In addition, the company has invested more than $1 million in tokens such as Ondo and Etherna, to further expand its portfolio.

The project’s blockchain wallet contains several crypto assets, including 1,213 ETH, 17.1 million USDC, and 6,137 AAVE. The wallet also has significant holdings of WBTC, LINK, and other altcoins such as UNI and PEPE. This demonstrates World Liberty Financial’s commitment to strengthening its financial position.

Impact of announcement and TRX price movement

TRX saw a surge in value, reaching a high of $0.2587 the day after the event. acquisition Reports. However, the token quickly lost momentum and fell by 6.41% to $0.2421. Currently, TRX is down 0.95% over the past day and 0.38% over the past week.

The announcement of the potential acquisition of TRX highlights the growing importance of cryptocurrency projects in… political and financial fields. As a Trump presidency prepares to impact cryptocurrency regulation, ties between World Liberty Financial and Tron are expected to have significant implications.