Justin Sun Unlocks 20% of WLFI Tokens, Boosting Crypto Project's Credibility

WLFI's latest price was $, in the last 24 hours. The founder of Tron, Justin Sun, has recently unlocked a significant portion of his WLFI tokens, amounting to 600 million tokens. This move represents a 20% unlock of his allocation, bringing his total holdings to 3 billion tokens. Sun has publicly stated that he has no plans to sell these tokens anytime soon, emphasizing his confidence in WLFI's potential as a major project in the crypto space.

Sun's involvement with WLFI is not just financial; he also plays a leadership role in the venture, which has been publicly backed by former U.S. President Donald Trump and his family. This political endorsement adds a layer of credibility and strategic significance to the project, positioning it as more than just a speculative investment. The motivation behind Sun's investment is aligned with a broader political and financial initiative aimed at expanding beyond speculative trading.

WLFI's rollout on exchanges has been accompanied by growing traction for USD1, its companion stablecoin. On Tron alone, more than $25 million worth of USD1 has been minted, with the total supply now exceeding $50 million. This early growth serves as a proof of concept for USD1, highlighting its potential in the stablecoin economy. Tron, which already anchors more than $80 billion in USDT liquidity, is well-positioned to capture even greater volume with the addition of USD1.

Tron has recently gained clearer regulatory footing in the United States, with the Department of Commerce selecting the chain as one of the platforms to integrate U.S. macroeconomic data into blockchain systems. This move underscores Tron's role in bridging the gap between crypto markets, government, and traditional finance. Sun's alignment with WLFI is delivering softer, but equally significant, benefits, as the project strengthens its global position with political backing and stablecoin adoption accelerating.

World Liberty Financial, the decentralized finance project endorsed by former U.S. President Donald Trump and his family, launched its native token WLFI on crypto exchanges. The launch saw 24.67 billion WLFI enter circulation, equal to roughly a quarter of the project’s 100 billion supply. Major centralized exchange Binance was the first to activate spot pairs in WLFI/USDT and WLFI/USDC, with other venues including Coinbase, Upbit, and Gate.io planning to list the token in the coming days.

The rollout included a day-one unlock for early investors, with about 20% of presale tokens from prior funding rounds becoming claimable via the project’s Lockbox process. In total, close to 25% of the supply is now tradable, while the rest remains locked in categories such as the Treasury, Team, public sale vesting, and strategic partners. Derivatives markets had already priced in demand ahead of the spot listing, with WLFI perpetual contracts recording a nearly 400% surge in volume on the launch day.

World Liberty Financial was established with the goal of offering traditional-style financial products on-chain, operating primarily on Ethereum and integrating Aave V3 for lending and borrowing. WLFI serves as its governance token, allowing holders to vote on protocol parameters and incentive programs. The project has also rolled out USD1, a fully reserved dollar-backed stablecoin now live on Solana, Ethereum, BNB Chain, and Tron. With a market cap of $2.6 billion, USD1 ranks as the sixth-largest stablecoin.

Donald Trump Jr., the eldest son of Donald Trump, took to social media to defend the token’s legitimacy, stating that WLFI is the governance backbone of a real ecosystem changing how money moves. World Liberty Financial was established last October, with Donald Trump serving as “co-founder emeritus” alongside his three sons. The company initially created 100 billion WLFI tokens, of which about a quarter were sold for a face value of $550 million. These tokens were not initially tradeable and could only be used for voting on corporate matters within the company. A vote last month permitted the tokens to be traded, allowing for a nominal total market value of around $6.4 billion based on the current price.

In the initial trading phase, 24.7 billion WLFI tokens are set to be available, which includes 7.8 billion tokens earmarked for a newly announced “crypto treasury” company in collaboration with ALT5 Sigma, a Nasdaq-listed fintech company. Financial disclosures reveal that Donald Trump held approximately 15.75 billion WLFI tokens at the end of last year, which, at the current trading price, would be valued approximately $3.6 billion. However, the Trump family’s involvement in the sector has drawn criticism among Democrats, with Senator Elizabeth Warren raising concerns in an April letter about potential conflicts of interest that could influence regulatory decisions in favor of cryptocurrency.

Earlier this year, the company also launched a stablecoin named USD1, pegged to the dollar, with a total nominal value of $2.7 billion. The head of crypto market maker DWF Markets, Andrei Grachev, who is also an investor in WLFI, announced plans to shift $250 million of reserves into USD1. The community reactions to Sun's move have been mixed, with some hailing it as bullish and others expressing skepticism based on past ICO failures. Critics point to ethical concerns and potential conflicts of interest, while defenders note Sun's track record in building Tron into a significant ecosystem. As WLFI expands its portfolio and eyes broader adoption, Sun's influence could propel it forward or invite more regulatory scrutiny.