- World Liberty Financial plans to acquire Tron tokens (TRX) to strengthen its finances, marking deeper connections with the Tron blockchain.
- Justin Sun is advising World Liberty Financial, increasing cooperation with Trump's crypto project and supporting blockchain innovation.
World Liberty Financial (WLFI), a blockchain project closely linked to US President Donald Trump, has plans to bolster its finances with Tron (TRX).
This action marks the growing collaboration between the Tron blockchain ecosystem and Trump's crypto effort, thus strengthening the project's position in the developing digital economy.
World Liberty Financial, the crypto project supported by the family of 🇺🇸 US President-elect Donald Trump, intends through the $TRX) signs for his finances 🤯 pic.twitter.com/3lhcPJufub
— Ajay Kashyap (@EverythingAjay) January 18, 2025
Under Trump's leadership as a “primary crypto advocate,” World Liberty Financial is trying to open access to crypto-financial services to be more democratic. After investing $30 million in November, blockchain enthusiast Justin Sun already owns a majority stake WLFI signal.
In particular Sun's strategic vision and advisory position has strengthened Tron's position within the WLFI roadmap. Many observers believe that this alliance could be a spark for wider cryptocurrency adoption across the United States as Trump's return to the White House approaches.
Although the rumors have not been confirmed by WLFI, TRX's price has been very strong recently, after rising 5.50% over the past 24 hours $0.251with its daily trading volume also increasing by 48.22% to $1.4 billion.
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Tron and WLFI collaboration shines at the first crypto ball
At the “Crypto Ball,” a historic event timed to coincide with Trump's inauguration in Washington, DC, WLFI and the Tron collaboration took center stage.
Celebrating America's creativity in blockchain and new technologies, with the support of the Digital Sovereignty Alliance (DSA), celebrating ethical governance in distributed finance, the charity DSA proposed the event as the first step towards moral policies that used to drive innovation. In their X statement, DSA emphasized optimism for the future:
“Digital Sovereignty Alliance proudly sponsors the first Crypto Ball, celebrating American innovation alongside President Trump's inauguration.
The fact that a Tron delegation was present at the dedication confirmed even more her active involvement. In addition, the gala's sponsorship of the blockchain project emphasized its commitment to support national projects supporting distributed solutions.
This collaboration emphasizes Tron's growing influence as it combines strategic ties in the United States with its technologies.
Significant Progress in Reducing Illegal Blockchain Activities
In addition to being affiliated with WLFI, Tron has made great strides in stopping illegal blockchain activity. According to a recent TRM Labs analysis, Through at The achievement of reducing the amount of 24% of illegal digital currency transfers amounts to a drop of $6 billion in 2024 alone.
This success shows the project's proactive initiatives in promoting compliance and openness within the blockchain field.
Illegal Tron transactions now represent just 0.4% of total crypto transactions, despite ongoing criticism for being able to facilitate criminal transactions, the paper notes. However, it is responsible for 58% of all illegal blockchain transactions.
Tron founder Justin Sun expressed optimism about these developments and emphasized the need for anti-fraud cooperation with TRM Labs and Tether. “This milestone underscores our will to build credibility and trust in the blockchain environment,” Sun said.
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Source: https://www.crypto-news-flash.com/trump-backed-crypto-project-eyes-tron-for-treasury-expansion/?utm_source=rss&utm_medium=rss&utm_campaign=trump-backed-crypto-project-eyes -through-for-expansion-finance
