Trump-affiliated World Liberty Financial plans to buy TRX for its reserves
World Liberty Financial plans to acquire Tron (TRX) tokens for its treasury
World Liberty Financial, a cryptocurrency initiative backed by the family of U.S. President-elect Donald Trump, is reportedly planning to acquire Tron (TRX) tokens for its treasury.
This potential move would further deepen the project’s alignment with Justin Sun’s Tron ecosystem, according to sources familiar with the matter, reports CoinDesk.
Strengthening Ties with Tron
Justin Sun, Tron’s founder, already plays a pivotal role in World Liberty Financial as an advisor. He is also the largest holder of the project’s WLFI token, having invested $30 million in November 2024. While details of the TRX purchase remain undisclosed, World Liberty Financial has previously allocated significant funds into assets like AAVE and LINK, demonstrating its strategy of partnering with influential crypto projects.
The project, which has raised $90 million through WLFI token sales, is positioning itself as a key player in delivering crypto-based financial services to the mainstream. The addition of TRX to its reserves could signal a closer collaboration with Sun’s expanding empire.
Trump’s Crypto Advocacy and Inaugural Influence
Donald Trump, serving as World Liberty Financial’s “chief crypto advocate,” is set to return to the White House amidst high expectations for a crypto-friendly administration. Industry insiders view his presidency as a pivotal moment for digital asset adoption and regulation in the United States.
Tron is playing a visible role in these developments. A delegation from the Tron ecosystem will attend Trump’s inauguration on January 20, further solidifying its ties to the administration. The project also sponsored the inaugural “crypto ball,” held in Washington, D.C., a celebratory event for the industry.
Crypto-Focused Future
The planned TRX acquisition is part of World Liberty Financial’s broader vision of leveraging blockchain technology to provide financial services on a global scale. With the backing of Trump and partnerships with prominent crypto projects, the initiative is poised to capitalize on the evolving regulatory and market landscape.
As World Liberty Financial and Tron deepen their collaboration, all eyes are on how these developments could influence the broader crypto sector under a Trump-led administration.
Recently we wrote, that the cryptocurrency industry is rallying around the upcoming inauguration of Donald Trump on January 20, seeing it as a pivotal moment to address years of regulatory hurdles.
