Justin Sun Claims $178M in $WLFI and Reiterates Tron’s Commitment to Support USD1

Justin Sun, the founder of the Tron (TRX) chain, has claimed initial unlock for his WLFI token investment. According to on-chain data analysis from Arkham Intelligence, Sun claimed 20% of the $WLFI initial investment, valued at about $178 million.

Sun holds $WLFI valued at about $891.2 million, which he plans to hold for a long time. Moreover, the serial crypto entrepreneur has a leadership role in the World Liberty Financial project, which is backed by U.S. President Donald Trump and his family.

“We have no plans to sell our unlocked tokens anytime soon. The long-term vision here is too powerful, and I’m fully aligned with the mission,” Sun noted

Sun Says Tron Will Support WLFI Project and the USD1 Stablecoin

Following the strategic launch of WLFI trading across several crypto exchanges, Sun stated that the Tron network is committed to working together for mutual benefits in the long haul. Sun pointed to the USD1’s growth beyond $50 million as a key...

2.68K

The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.