“As a strong advocate for blockchain technology and innovation in cryptocurrencies, I'm excited to see World Liberty Financial integrate TRON as a key part of its growing treasury.
World Liberty Financial (WLFI), a crypto project backed by the family of former U.S. President Donald Trump, has continued to purchase TRX for its treasury, on-chain data shows.
“As a strong advocate for blockchain technology and innovation in cryptocurrencies, I'm thrilled to see World Liberty Financial integrate TRON as a crucial part of its growing treasury. TRX's inclusion as the fourth-largest asset in WLFI's holdings showcases their trust in the Tron blockchain network," Justin Sun, founder of Tron, said in a statement to CoinDesk.
This latest purchase, to the tune of $2.6 million, adds an additional 10.8 million TRX to the WLFI treasury. The total holdings of TRX now come in at $7.5 million.
“With WLFI leading efforts to bridge traditional finance and crypto and the Trump administration's pro-crypto stance, the United States will become a major hub for innovation and cryptocurrency adoption,” Sun added.
CoinDesk reported in mid-January that WFLI planned to purchase TRX, and a Tron delegation attended Trump's inauguration.
WFLI is also holding $182 million in ETH, $48 million in WBTC, $7.2 million in Tether's USDT, $7 million in AAVE, and $6.7 million in Chainlink's LINK, on-chain data shows, with most token buys coming in before the inauguration.
Sources close to the matter told CoinDesk that WLFI will continue to increase their TRX holdings.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
