SUI Jumps as Trump-Linked WLFI Expands Crypto Reserve with Sui Holdings
Sui’s native token (SUI) surged on Thursday after decentralized finance (DeFi) firm World Liberty Financial (WLFI), which has ties to former U.S. President Donald Trump, announced it would add Sui to its strategic token reserve.
The deal involves WLFI not only acquiring SUI assets but also exploring potential DeFi product collaborations with the Sui blockchain.
SUI spiked 10% to nearly $3 before retracing slightly but remained up 13% in the past 24 hours, making it the best-performing asset in the CoinDesk 20 Index.
“Sui’s groundbreaking technology and adoption make it a perfect fit for our long-term vision,” said WLFI co-founder Zak Folkman. “As we continue to strengthen our reserve with high-value digital assets, Sui was a clear choice.”
WLFI’s crypto reserve already holds major assets like wrapped bitcoin (WBTC), ether (ETH), Tron (TRX), Chainlink (LINK), as well as MOVE and ONDO tokens, signaling its expanding presence in the DeFi ecosystem.
