Trump's DeFi Project Gets $30M Investment from Justin Sun
Bloomberg reports entrepreneur Justin Sun has invested $30 million in President-elect Donald Trump’s World Liberty Financial, making him the largest investor in the DeFi project
We are thrilled to invest $30 million in World Liberty Financial @worldlibertyfi as its largest investor. The U.S. is becoming the blockchain hub, and Bitcoin owes it to @realDonaldTrump! TRON is committed to making America great again and leading innovation. Let's go! pic.twitter.com/cISTsVYP1f
— H.E. Justin Sun 🍌 (@justinsuntron) November 25, 2024
Trump and his sons as part of the DeFi movement, seeks to democratise access to financial services though the elimination of intermediaries. During World Liberty’s initial launch, the Wilmington, Delaware-based project planned to raise $300 million at a $1.5 billion valuation. However, it recently disclosed that its $300 million offering of tokens is primarily being marketed offshore.
We’re about to shake up the crypto worldwith something HUGE.
— Donald Trump Jr. (@DonaldJTrumpJr) August 7, 2024
Decentralized finance is the future—don’t get left behind. #Crypto #DeFi #BeDeFiant
The year 2025 is shaping up to be a big year for the DeFi space.
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