Justin Sun Invests $30M in Trump-Backed Crypto Platform World Liberty Financial

The purchase pushes token sales past $30 million, triggering revenue payouts to Trump-affiliated entities.

Chinese-born crypto billionaire Justin Sun confirmed a $30 million purchase of WLFI tokens, making him the largest investor in the Trump-backed DeFi platform World Liberty Financial.
The platform, launched in September 2024, had struggled to meet its $30 million sales target until Sun's investment boosted total sales to $51.2 million.
This milestone activates a revenue-sharing agreement, allowing a Trump-affiliated LLC to receive 75% of net revenues exceeding $30 million, reportedly earning $15 million from Sun's purchase alone.
World Liberty Financial aims to provide decentralized borrowing and lending services, though initial sales were limited to accredited and non-U.S. investors, hindering broader adoption.
Sun's investment underscores the growing financial ties between blockchain leaders and the incoming U.S. administration, as Trump prepares to take office in January 2025.