Justin Sun, the founder of the TRON (TRX) chain, has demanded initial unlocking for his WLFI chain investment. According to data analysis on-chain from Arkham Intelligence Sun 20% of the $ WLFI initial investment, with a value of around $ 178 million.
Sun holds $ WLFI with a value of around $ 891.2 million, which he intends to hold for a long time. Moreover, the serial crypto entrepreneur plays a leading role in the World Liberty Financial Project, which is supported by US President Donald Trump and his family.
“We have no plans to sell our unlocked tokens soon. The long -term vision here is too powerful and I am fully tailored to the mission,” Sun noted
Sun says that Tron will support the WLFI project and the USD1 Stablecoin
After the strategic launch of WLFI trade in various crypto fairs, Sun stated that the Tron network is committed to mutual long -term benefits. Sun pointed to the growth of the USD1 that would be almost $ 50 million as an important milestone for both entities.
Moreover, Sun noted that a newly beaten $ 25 million in USD1 set the pace to reach a short-term objective of $ 200 million mints at the Tron chain. The Tron network has grown into a lively Defi eco system because of the support for a significant range of USDT, currently rated at more than $ 80 billion.
Sculpture
The Tron network has benefited considerably from its strategic investments in the WLFI supported by Trump. The Tron network, for example, has been given regulatory clarity in the United States in the recent past and it was used to it chosen Among other things, chains of the Department of Commerce (DOC) to take the macro -economic data of the country over the blockchain technology on board.
Interestingly, the Tron network was selected by the DOC, but Cardano (ADA), a Crypto project made by the US, was omitted.