World Liberty Financial Attributes Success to Justin Sun’s $30 Million Investment
World Liberty Financial, a crypto project backed by Donald Trump, has gained traction due to Justin Sun's involvement after his $30 million investment in its token, WLFI. Co-founder Zak Folkman stated the project's aim is to integrate traditional finance with decentralized finance.
- WLFI initially struggled to meet its $30 million fundraising target and faced trading restrictions.
- Sun’s endorsement led to increased interest and sales, allowing World Liberty to surpass its initial fundraising goal.
- If successful in reaching its revised target, WLFI could become the fourth-largest ICO in history.
- The platform will not only focus on lending but is developing various products and applications.
- World Liberty acquired $10 million in TRX tokens and WBTC linked to Sun's TRON blockchain.
- Folkman denied claims of any unauthorized representation regarding partnerships or deals with other crypto teams.