- Get link
- X
- Other Apps
- Get link
- X
- Other Apps
World Liberty Financial has unveiled a partnership with layer-1 blockchain Sui ahead of the White House Crypto Summit this Friday. Here's what you should know.
![]() |
World Liberty Financial, the Donald Trump-linked cryptocurrency platform, is partnering with Sui for a “strategic reserve deal,” the layer-1 blockchain announced Thursday. |
World Liberty Financial And Sui Team Up
Shortly following the announcement on Thursday morning, the value of SUI surged over 16 percent.
“We chose Sui for its American-born innovation combined with impressive scale and adoption,” said Zak Folkman, co-founder of World Liberty Financial. “It is a natural complement to our mission of bringing decentralized finance to more Americans.”
“Given our plans to support foundational DeFi assets in the coming months, collaborating with Sui was an obvious decision,” he ad
ded.
News of Sui’s collaboration with World Liberty Financial comes after the Trump-affiliate crypto project upped its cryptocurrency holdings to the tune of $21.5 million ahead of this Friday’s White House Crypto Summit.
Hours ago, Trump’s project @worldlibertyfi made a $25M crypto play
$10M $ETH
$10M $WBTC
$1.5M $MOVE
More to come? pic.twitter.com/lQY56l88hO
— Nansen 🧭 (@nansen_ai) March 6, 2025
According to a March 5 X post from blockchain analytics platform Nansen, World Liberty Financial purchased $10 million worth of ETH, $10 million worth of $WBTC, and $1.5 million wort
h of $MOVE.
Crypto Community Eyes White House Crypto Summit
World Liberty Financial’s increased crypto holdings come as members of the digital asset community speculate on what to expect from Trump’s March 7 crypto summit.
According to reports, Coinbase CEO Brian Armstrong, Strategy Executive Chairman Michael Saylor, and Exodus CEO JP Richardson are among the event’s invited attendees.
Trump previously called for an easing of the United States’ regulatory approach to the blockchain sector as a whole, vowing to make the country the “crypto capital” of the globe.
While no formal policy changes have taken effect, the United States Securities and Exchange Commission has rolled back several lawsuits against a handful of key players in the crypto industry.
How the ongoing shift in U.S. digital asset regulation will impact the crypto sector as a whole remains to be seen.
Frequently Asked Questions (FAQs)
What is World Liberty Financial?
World Liberty Financial is a cryptocurrency platform launched in 2024 that is linked to Donald Trump and his family at large.
How did the market react to the announcement?
Following the partnership’s announcement, SUI’s value surged by over 16 percent, reflecting strong market enthusiasm.
Who will be attending Trump’s White House Crypto Summit?
Industry leaders such as Coinbase CEO Brian Armstrong, Strategy Executive Chairman Michael Saylor, and Exodus CEO JP Richardson are among the invited attendees.
- Get link
- X
- Other Apps
Comments
Post a Comment