- World Liberty Financial plans to acquire Tron (TRX) tokens to strengthen its treasury, signaling deeper ties with the Tron blockchain.
- Justin Sun advises World Liberty Financial, enhancing collaboration with Trump’s crypto project and supporting blockchain innovation.
World Liberty Financial (WLFI), a blockchain project intimately connected to U.S. President-elect Donald Trump, has plans to strengthen its treasury with Tron (TRX).
This action marks the increasing cooperation between Tron’s blockchain ecosystem and Trump’s crypto effort, therefore strengthening the position of the project in the developing digital economy.
World Liberty Financial, the crypto project backed by the family of 🇺🇸U.S. President-elect Donald Trump, plans to acquire tron ( $TRX) tokens for its treasury 🤯 pic.twitter.com/3lhcPJufub
— Ajay Kashyap (@EverythingAjay) January 18, 2025
Under Trump’s direction as “chief crypto advocate,” World Liberty Financial seeks to open crypto-financial services’ access to be more democratic. Having put in $30 million in November, Justin Sun, a well-known blockchain enthusiast, already has a majority share in WLFI’s token.
Especially Sun’s strategic vision and advising position have strengthened Tron’s fit inside WLFI’s route map. Many observers think this alliance might act as a spark for more general acceptance of cryptocurrency throughout the United States as Trump returns to the White House is approaching.
Although the rumors have not been confirmed by WLFI, TRX’s price has been quite strong recently, having soared by 5.50% over the last 24 hours to $0.251, with its daily trading volume also increasing by 48.22% to $1.4 billion.
[mcrypto id=”435408″]
Tron and WLFI Collaboration Shines at the Inaugural Crypto Ball
During the “Crypto Ball,” a historic event scheduled alongside Trump’s inauguration in Washington, D.C., WLFI and Tron’s cooperation took center stage.
Celebrated American creativity in blockchain and new technologies, sponsored by the Digital Sovereignty Alliance (DSA), celebrating ethical governance in distributed finance, the charity DSA praised the event as a first step toward using moral policies to drive innovation. In its X statement, DSA emphasized hope for the future:
“Digital Sovereignty Alliance proudly sponsors the inaugural Crypto Ball, celebrating American innovation alongside President-elect Trump’s inauguration.”
The fact that Tron’s delegation attended the inauguration underlined even more her active participation. Furthermore, the sponsoring of the gala by the blockchain project underlined its dedication to conform to national projects supporting distributed solutions.
This cooperation emphasizes Tron’s increasing impact since it combines strategic ties in the United States with its technologies.
Significant Progress in Reducing Illicit Blockchain Transactions
Apart from its affiliation with WLFI, Tron has made notable advancement in stopping illegal blockchain operations. According to a recent TRM Labs analysis, Tron’s accomplishment in lowering the 24% volume of illicit cryptocurrency transfers amounts to a $6 billion drop in 2024 alone.
This success shows the proactive initiatives of the project in promoting compliance and openness inside the blockchain domain.
Tron’s illegal behavior now represents just 0.4% of total crypto transfers, despite ongoing criticism for enabling criminal transactions, the paper notes. Still, it is accountable for 58% of illicit blockchain transactions overall.
The founder of Tron, Justin Sun, expressed hope about these developments and underlined the need for anti-fraud cooperation with TRM Labs and Tether. “This milestone emphasizes our will to build credibility and trust in the blockchain environment,” Sun said.
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