World Liberty Financial Boosts Sui Token with Strategic Reserve Deal

Coin WorldThursday, Mar 6, 2025 9:54 am ET

1min read

Sui (SUI), the native token of the sui blockchain, experienced a significant surge on Thursday following the announcement of a strategic reserve deal between World Liberty Financial (WLFI) and the Sui project. This partnership involves wlfi adding Sui assets to its crypto holdings and exploring potential product development opportunities with the layer-1 blockchain project.

Zak Folkman, co-founder of World Liberty Financial, highlighted the reasons behind choosing Sui, citing its American-born innovation and impressive scale and adoption. He noted that collaborating with Sui was a natural decision given WLFI's plans to support foundational DeFi assets in the coming months. This strategic move is part of WLFI's broader initiative to accumulate various digital assets in its "strategic token reserve," which already includes wrapped bitcoin, ether (ETH), Tron's TRX, Chainlink's LINK, as well as MOVE and ONDO tokens.

World Liberty Financial, a decentralized finance (DeFi) initiative inspired by former U.S. President Donald J. Trump, has been actively involved in large-scale crypto purchases. On January 14, the company exchanged 103 wrapped BTC for 3,075 ETH, transferring a substantial amount of ETH to an undisclosed address. This financial maneuvering underscores WLFI's strategic investments and its growing presence in the cryptocurrency market.

On March 6, 2025, World Liberty Financial executed a significant cryptocurrency purchase as part of its broader strategy to expand its holdings and influence in the market. The project's activities have garnered attention from investors and analysts, who are closely monitoring its moves and their potential impact on the cryptocurrency landscape.

In addition to its cryptocurrency purchases, World Liberty Financial has been involved in discussions about the US Crypto Reserve, a proposal that could include major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), and Cardano (ADA). The inclusion of these high-profile assets in the reserve has sparked speculation about which other cryptocurrencies might be considered valuable enough to join the reserve in the future. This proposal, which could be partially funded by seized assets, has triggered increased interest in the cryptocurrency space.

World Liberty Financial's activities have also been linked to the token $ONDO, which is part

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