Justin Sun Joins Trump-Backed DeFi Project WLFI as Advisor Following TRON DAO's $30M Investment

Justin Sun, the founder of TRON, is now an advisor for World Liberty Financial (WLFI). This decentralized finance (DeFi) crypto project has the backing of US President-elect Donald Trump.

WLFI shared this news on the social media platform X. They believe that Sun's qualifications will greatly contribute to the platform's growth and development.

In their post, they mentioned, “Justin is the founder of TRONDAO, an advisor to HTX_Global, and a supporter of BitTorrent. He graduated from the University of Pennsylvania and recently won an auction at Sotheby’s for an iconic banana artwork. TRON is one of the top 10 cryptocurrencies and a major public blockchain.

They added, “Justin’s insights and experience will be instrumental as we continue to innovate and grow. Welcome to the team, Justin!”

This announcement follows TRON DAO's investment of $30 million in WLFI, making them the largest investor in the project.

WLFI claims to be the only DeFi platform inspired by Trump. They plan to sell a total of 20 billion WLFI utility tokens. So far, they have sold 3.54 billion tokens at a price of $0.015 each since launching the token sale in October.

According to data from Etherscan, a blockchain explorer, TRON DAO received 2 billion tokens from its investment. This represents a 10% stake in the platform.