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Home»Altcoins»Sui collects 15% after achieving deal with Trump’s finance arm
Altcoins

Sui collects 15% after achieving deal with Trump’s finance arm

2025-03-07No Comments4 Mins Read
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Morbi Pretium Leo et Nisl Aliquam Mollis. Quisque Arcu Lorem, Ultricies Quis Pellentesque NEC, Ullamcorper Eu Odio.

Este Artículo También Está Disponible and Español.

World Liberty Financial (WLFI), a Defi group related to US President Donald Trump, has added Sui (Sui) to his strategic reserves. The move is part of the WLFI strategy to develop a broad portfolio that supports financial solutions based on blockchain.

Related lecture

Sui joins other large crypto assets

Since the introduction in September 2024, WLFI has set up a strong influence on the cryptocurrency space. Wrap Bitcoin (WBTC) and Ethereum (ETH) are already in the reserve and Sui is the newest addition.

Donald Trump Jr. And Eric Trump, Web3 Ambassadors, lead the initiative. Barron Trump, the youngest son of the president, also participates and is called a ‘defi -visionary’. Their goal is to promote stablecoins and other decentralized financial technologies.

🚨 Breaking – We are very enthusiastic about announcing a partnership @WorldlibertyyfiA groundbreaking Defi protocol inspired by Donald J. Trump, rooted in a shared vision for a more open and transparent financial world.

As part of this collaboration:
💥 wlfi will sui in their … pic.twitter.com/7j1GB0EBS4

– Sui (@Suinetwork) March 6, 2025

Why did WLFI choose SUI?

Sui, developed by Mysten Labs, is recognized for his rapid transactions and the ability to scale up effectively. It was built to support a large number of users and at the same time remain cost -effective, making it an excellent choice for financial applications.

See also  Ethereum back to $4K? Analyst predicts a bull run as key metrics approach critical levels

The fact that WLFI Sui has added to his stock shows that there is confidence in the future of blockchain technology. The group is dedicated to maintaining a wide range of digital assets and supporting important web3 projects.

In his role as WLFI’s Web3 ambassador, Eric Trump was real enthusiastic about the alliance. He said that the roots of the blockchain in American innovation and the ability of the company to grow were two things that struck him.

🚀 Sui works together with World Liberty Financial, a Defi protocol supported by Trump, which leads to an increase in token.

Sui will integrate his layer 1 blockchain with the financial strategies of WLFI, which improves their strategic token reserve to support Defi projects.

Read more here:…

– The Defiant (@Defiantnews) March 6, 2025

Co-founder and CEO of Mysten Labs-the company behind Sui-Van Cheng was hopeful about how the Alliance would transform the preservation and use of assets worldwide.

He said that everyone shared the same goal: returning individuals about their financial resources and digital presence.

Sui is now traded at $ 2.82. Graphic: Tradingview

Market reactions

In the meantime, the news of the announcement of the partnership gave the board Some boost, which rises 10% in the last 24 hours, according to data from Coingecko. The collaboration was praised by investors who saw it as a major approval of technology and the importance of the blockchain in WLFI initiatives.

This agreement improves the position of Sui in the Defi market. As a relatively new project, WLFI benefits from tuning on a strong blockchain such as Sui, which strengthens the presence of the market.

See also  Basis no longer a top 10 DeFi, thanks to declining TVL

Related lecture

Next steps for WLFI and Sui

WLFI and Sui are expected to continue to work together on blockchain-based financial solutions. Although specific plans have not been announced, the addition of Sui to the reserves of WLFI suits a deeper partnership in the future.

Featured image of Pexels, Graph of TradingView



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