{"id":50538,"date":"2025-03-07T21:30:38","date_gmt":"2025-03-07T21:30:38","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=50538"},"modified":"2025-03-07T21:30:38","modified_gmt":"2025-03-07T21:30:38","slug":"sui-rallies-10-after-securing-deal-with-trump-finance-arm","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=50538","title":{"rendered":"SUI Rallies 10% After Securing Deal With Trump Finance Arm"},"content":{"rendered":"

World Liberty Financial (WLFI), a DeFi group linked to US President Donald Trump, has added Sui (SUI) to its strategic reserves<\/a>. The move is part of WLFI\u2019s strategy to develop a broad portfolio that supports blockchain-based financial solutions.<\/p>\n

Sui Joins Other Major Crypto Assets<\/strong><\/h2>\n

Since its introduction in September 2024, WLFI has established a strong influence in the cryptocurrency space. Wrapped Bitcoin (wBTC) and Ethereum (ETH) are already in its reserve, and Sui is the latest addition.<\/p>\n

Donald Trump Jr. and Eric Trump, Web3 ambassadors, lead the initiative. Barron Trump, the president\u2019s youngest son, is also participating and referred to as a \u201cDeFi visionary.\u201d Their objective is to promote stablecoins and other decentralized financial technologies.<\/p>\n

BREAKING \u2014 we\u2019re extremely excited to announce a partnership with @worldlibertyfi<\/a>, a Donald J. Trump-inspired pioneering DeFi protocol, rooted in a shared vision for a more open and transparent financial world.<\/p>\n

As part of this collaboration:
\n WLFI will include SUI in their\u2026 pic.twitter.com\/7J1gB0EbS4<\/a><\/p>\n

\u2014 Sui (@SuiNetwork) March 6, 2025<\/a><\/p>\n

Why WLFI Chose Sui?<\/strong><\/h2>\n

Sui, developed by Mysten Labs, is recognized for its fast transactions and ability to scale effectively. It was built to support a large number of users while remaining cost-effective, making it an excellent choice for financial applications.<\/p>\n

The fact that WLFI added SUI to its stockpile shows that it has faith in the future of blockchain technology. The group is dedicated to keeping a wide range of digital assets and supporting important Web3 projects.<\/p>\n\n

In his role as WLFI\u2019s Web3 Ambassador, Eric Trump was genuinely excited about the alliance<\/a>. He said that the blockchain\u2019s roots in American innovation and the company\u2019s ability to grow were two things that stood out to him.<\/p>\n

Sui just partnered with World Liberty Financial, a Trump-backed DeFi protocol, leading to a surge in the token.<\/p>\n

Sui will integrate its layer 1 blockchain with WLFI\u2019s financial strategies, enhancing their strategic token reserve to support DeFi projects.<\/p>\n

Read more here:\u2026<\/p>\n

\u2014 The Defiant (@DefiantNews) March 6, 2025<\/a><\/p>\n

Co-founder and CEO of Mysten Labs\u2014the company behind Sui\u2014Evan Cheng was hopeful about how the alliance would transform asset preservation and usage worldwide.<\/p>\n

He said everyone shared the same objective: giving individuals back control over their financial resources and digital presence.<\/p>\n

Market Reactions<\/strong><\/p>\n

Meanwhile, the news of the partnership announcement gave the token<\/a> some boost, rising 10% in the last 24 hours, data from Coingecko shows. The collaboration was praised by investors who saw it as a major endorsement of the blockchain\u2019s technology and importance in WLFI initiatives.<\/p>\n

This agreement enhances Sui\u2019s position in the DeFi market. As a relatively new project, WLFI benefits from aligning with a strong blockchain like Sui, helping to strengthen its market presence.<\/p>\n

Next Steps For WLFI And Sui<\/strong><\/p>\n

WLFI and Sui are expected to continue collaborating on blockchain-based financial solutions. While specific plans have not been disclosed, the addition of Sui to WLFI\u2019s reserves suggests a deeper partnership in the future.<\/p>\n

Featured image from Pexels, chart from TradingView<\/em><\/p>","protected":false},"excerpt":{"rendered":"

World Liberty Financial (WLFI), a DeFi group linked to US President Donald Trump, has added Sui (SUI) to its strategic reserves. The move is part of WLFI\u2019s strategy to develop a broad portfolio that supports blockchain-based financial solutions. Sui Joins Other Major Crypto Assets Since its introduction in September 2024, WLFI has established a strong […]<\/p>\n","protected":false},"author":0,"featured_media":50539,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-50538","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/50538"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=50538"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/50538\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/50539"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50538"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50538"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50538"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}