World Liberty Financial Financial (WLFI), the crypto project backed by US President Donald Trump’s family, has made another purchase of Tron’s TRX for its on-chain treasury data shows.
“As a strong advocate of blockchain technology and innovation in cryptocurrencies, I am excited to see World Liberty Financial integrating TRON as a key part of its growing treasury. The inclusion of TRX as the fourth asset in WLFI’s holdings underscores its confidence in the Tron blockchain network,” Justin Sun, founder of Tron, said in a statement to CoinDesk.
This most recent purchase was for $2.6 million and adds another 10.8 million TRX to WLFI’s treasury. TRX’s total holdings now stand at $7.5 million.
“With WLFI’s leadership of efforts to bridge traditional finance and crypto and the Trump administration’s pro-crypto stance, the United States will become a major hub for cryptocurrency innovation and adoption,” Sun continued.
CoinDesk reported in mid-January that WFLI intended to purchase TRX and that a Tron delegation attended Trump’s inauguration.
WFLI also holds $182 million in ETH, $48 million in WBTC, $7.2 million in USDT from Tether, $7 million in AAVE, and $6.7 million in LINK from Chainlink according to on-chain data , with most token purchases taking place before the inauguration.
Sources familiar with the matter say WLFI will continue to increase its TRX holdings.
