Trump Company Nets $15 Million Payday as Justin Sun Buys Bulk of World Liberty Tokens
Justin Sun, the founder of Tron, has purchased over half of the World Liberty Financial's governance token (WLFI) for $30 million, significantly boosting the project's token sales which previously lagged. The project, initially aiming for $300 million in sales, had cut its target to $30 million due to slow demand. With Sun's investment, sales surpassed the newly established goal, allowing key project stakeholders, including President-elect Donald Trump, to see a financial payout. Trump’s affiliated entity will receive 75% of net protocol revenues above the initial threshold, translating into a $15 million payday from Sun's purchase. Sun's involvement comes ahead of Trump's return to the White House, emphasizing his belief that the U.S. is becoming a blockchain hub, a sentiment he directly links to Trump and Bitcoin's future.
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