World Liberty Financial, Tied to Trump, Buys More TRX. -

World Liberty Financial Expands TRX Holdings to $7.5 Million

World Liberty Financial (WLFI), the crypto venture backed by the family of President Donald Trump, has made another substantial purchase of Tron (TRX), according to on-chain data.

Justin Sun, founder of Tron, expressed his support for WLFI’s growing investment in TRX, stating, “As a strong advocate for blockchain technology and innovation in cryptocurrencies, I’m thrilled to see World Liberty Financial integrate TRON as a key asset in its expanding treasury. The inclusion of TRX as the fourth-largest asset in WLFI’s portfolio underscores its confidence in the Tron blockchain network,” he told CoinDesk.

The latest purchase, amounting to $2.6 million, added 10.8 million TRX to WLFI’s holdings. This brings their total TRX position to $7.5 million.

Sun also commented on the broader impact of WLFI’s efforts, saying, “With WLFI taking the lead in bridging traditional finance with cryptocurrency, alongside the Trump administration’s pro-crypto stance, the U.S. is poised to become a global leader in innovation and cryptocurrency adoption.”

Earlier this year, CoinDesk reported that WLFI had planned to increase its TRX holdings, and a Tron delegation was present at Trump’s inauguration, reinforcing their commitment to this strategy.

In addition to TRX, WLFI’s treasury includes significant holdings such as $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, with most of these acquisitions made before the inauguration.