{"id":468539,"date":"2025-03-06T14:55:41","date_gmt":"2025-03-06T14:55:41","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=468539"},"modified":"2026-05-20T00:07:38","modified_gmt":"2026-05-19T23:07:38","slug":"sui-jumps-14-after-it-partners-with-donald-trumps-world-liberty-finance","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/sui-jumps-14-after-it-partners-with-donald-trumps-world-liberty-finance\/","title":{"rendered":"SUI jumps 14% after it partners with Donald Trump\u2019s World Liberty Financial"},"content":{"rendered":"<p class=\"p1\">Sui, a prominent Layer 1 blockchain platform, has <a href=\"https:\/\/x.com\/SuiNetwork\/status\/1897648557660004827\">announced<\/a> a collaboration with World Liberty Financial (WLFI), a DeFi protocol partly owned by President Donald Trump. This partnership aims to foster a more open and transparent financial ecosystem.<\/p>\n<p>The native SUI token is up 14% on the day.<\/p>\n<p class=\"p1\">As part of this collaboration, WLFI plans to incorporate Sui assets into its \u201cMacro Strategy,\u201d a strategic token reserve designed to support leading blockchain projects. This move aligns with WLFI\u2019s mission to strengthen the global standing of the US dollar within the DeFi space.<\/p>\n<p class=\"p1\">Eric Trump, serving as WLFI\u2019s Web3 Ambassador, <a href=\"https:\/\/blog.sui.io\/world-liberty-financial-strategic-token-reserve\/?utm_source=twitter&utm_medium=organic&utm_campaign=defi\">expressed<\/a> enthusiasm about the partnership, highlighting Sui\u2019s American innovation and its scalability as key factors in their decision.<\/p>\n<blockquote><p>&#8220;We are very excited to work with Sui and explore the innovative opportunities this collaboration presents,&#8221; said Eric Trump, Web3 Ambassador at World Liberty Financial.<\/p><\/blockquote>\n<p class=\"p1\">Zak Folkman, WLFI\u2019s co-founder, emphasized that Sui\u2019s attributes complement their goal of expanding decentralized finance access to a broader audience.<\/p>\n<blockquote><p>&#8220;We chose Sui for its American-born innovation combined with impressive scale and adoption. It is a natural complement to our mission of bringing decentralized finance to more Americans,&#8221; said Zak Folkman, co-founder of World Liberty Financial.<\/p><\/blockquote>\n<p class=\"p1\">Evan Cheng, Co-Founder and CEO of Mysten Labs, the original contributor to Sui, remarked that the collaboration could redefine asset storage and utilization globally. He underscored a shared vision of individuals regaining control over their financial assets and digital presence.<\/p>\n<p class=\"p1\">Sui has experienced significant growth over the past year, becoming one of the fastest-growing Layer 1 blockchains. The platform has attracted numerous institutional builders and products, recently surpassing $70 billion in decentralized exchange (DEX) volume and amassing over 67 million accounts.<\/p>\n<p class=\"p1\">World Liberty Financial has built significant crypto holdings since its inception, transferring $307 million in digital assets to Coinbase Prime for treasury management and increasing holdings by $103 million after receiving additional investment support. The project focuses on promoting US-pegged stablecoins and maintaining dollar dominance in global finance through its DeFi offerings.<\/p>\n<p class=\"p1\">The Trump family\u2019s involvement in WLFI has drawn attention, with family members holding roles such as \u201cchief crypto advocate\u201d and \u201cWeb3 ambassador.\u201d Notably, Justin Sun, a Chinese entrepreneur, has invested at least $75 million in WLFI and serves as an advisor.<\/p>\n<p>The collaboration represents a continuation of groundbreaking moves by a sitting US president to engage so directly in blockchain. Trump's companies have launched memecoins, NFTs, Ordinals, a DeFi platform and is now expanding his crypto investments to emerging blockchains like SUI.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sui, a prominent Layer 1 blockchain platform, has announced a collaboration with World Liberty Financial (WLFI), a DeFi protocol partly owned by President Donald Trump. This partnership aims to foster a more open and transparent financial ecosystem. The native SUI token is up 14% on the day. As part of this collaboration, WLFI plans to [&hellip;]<\/p>\n","protected":false},"author":1264,"featured_media":468545,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,46940,77968,35372],"tags":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SUI jumps 14% after it partners with Donald Trump\u2019s World Liberty Financial<\/title>\n<meta name=\"description\" content=\"Eric Trump highlights Sui&#039;s innovation and scalability as key reasons for aligning with World Liberty Financial.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/sui-jumps-14-after-it-partners-with-donald-trumps-world-liberty-finance\/\" \/>\n<meta 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