World Liberty Financial Expands TRX Holdings to $7.5 Million with Latest $2.6M Purchase
World Liberty Financial (WLFI), the cryptocurrency initiative supported by President Donald Trump’s family, has made another $2.6 million purchase of Tron (TRX), bringing its total TRX holdings to $7.5 million, according to on-chain data.
Justin Sun, founder of Tron, commented on the expansion of WLFI’s treasury, saying, “As a strong advocate for blockchain technology, I’m thrilled to see World Liberty Financial integrate TRON as a key asset in their portfolio. The addition of TRX as the fourth-largest holding is a testament to their trust in the potential of the Tron blockchain,” he shared in a statement to CoinDesk.
This latest purchase added 10.8 million TRX to WLFI’s holdings. The increased position comes amid growing expectations for cryptocurrency adoption and is a part of WLFI’s strategy to accumulate significant assets in the crypto space.
Sun also added, “With WLFI leading the way in connecting traditional finance with cryptocurrency, combined with the pro-crypto policies of the Trump administration, the United States is poised to become a global leader in crypto innovation and adoption.”
Earlier in January, CoinDesk reported WLFI’s plans to purchase more TRX, and a Tron delegation was present at Trump’s inauguration in support of the movement.
In addition to TRX, WLFI’s portfolio includes significant stakes in ETH, WBTC, Tether’s USDT, AAVE, and Chainlink’s LINK, totaling $182 million in ETH, $48 million in WBTC, $7.2 million in USDT, $7 million in AAVE, and $6.7 million in LINK based on the latest on-chain data.
Sources close to the company indicate that WLFI plans to continue increasing its TRX holdings as it builds out its position in the cryptocurrency market.
