The founder of the Tron blockchain, Justin Sun, bought $30 million worth of WLFI tokens from World Liberty Financial. That move positions Sun as the majority holder of the Ethereum-based governance token. The investment is a big coup for the project, which lagged far behind early funding goals.
First, World Liberty Financial was looking to sell $300 million worth of tokens but changed its goal by striking out 90% to $30 million. The project didn’t catch up despite this adjustment until Sun’s purchase. The project has closed its initial token offering and reached a crucial financial milestone with this investment.
Justin Sun Injects $30M Into Trump Crypto Project
Since World Libertarian Financial launched in September, it has lacked demand. Lackluster interest in the market had made the project’s revised target of $30 million seem out of reach. Sun’s $30 million purchase single-handedly pushed the project over its goal today.
Drainage of this milestone also unloc
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