CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
BitcoinSistemi 2025-01-23 12:29:08

Trump's Former Advisor Makes Million Dollar Investment in WLFI

Support for Donald Trump and his family's cryptocurrency project, World Liberty Financial (WLFI), is growing day by day. Tron founder Justin Sun has invested heavily in WLFI, while decentralized stablecoin protocol Frax Finance is also considering investing. Accordingly, Frax Finance offered to invest up to $10 million in the Trump-led WLFI. Frax Finance has submitted a management offer on its official website to invest up to $10 million in DeFi protocol World Liberty Financial. The proposal also includes an additional $5 million investment, contingent on the success of the initial $5 million investment. The following statements were included in the proposal: “With the newly elected Trump administration’s commitment to US-based DeFi projects, it is important for FRAX to take its rightful place as a leader of this movement. As Trump’s only DeFi project, WLFI is the ideal partner to achieve this goal. President Trump has a vision to make the US the global leader in cryptocurrency, with WLFI playing a key role in achieving his goals. Approving the WLFI investment enables FRAX to expand adoption, increase visibility, and secure its role in the next phase of US DeFi growth.” In response to the proposal, one community member stated that it was “extremely risky and irrational to invest $5 billion in a project with no proven track record.” Frax Finance co-founder Stephen Moore previously served as an economic advisor to Donald Trump. *This is not investment advice. Continue Reading: Trump's Former Advisor Makes Million Dollar Investment in WLFI

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.