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SUI Token Jumps 15% After World Liberty Financial Deal

SUI Token Jumps 15% After World Liberty Financial Deal

YellowYellow2025/03/06 20:55
By:Yellow

World Liberty Financial is partnering with Sui blockchain. The Trump-affiliated firm will add SUI tokens to its " Strategic Reserve ." The companies plan to collaborate on development opportunities.

Sui's price jumped 15% following the announcement. The token had previously lost over 50% of its value since January.

WLFI operates independently from the federal government. Investors should note the firm has no direct connection to Trump's US Crypto Reserve despite similar terminology.

"World Liberty Financial has chosen to partner with Sui as their preferred American blockchain," said Christian Thompson, Sui's Managing Director. "WLFI recognizes what we've been building, a blockchain designed for the future of finance that's fast, secure, and accessible. That's why our teams are in advanced talks for deeper integration."

Sui currently ranks as the ninth largest blockchain by total value locked. The proof-of-stake network experienced success late in 2024. Its fortunes reversed when token values began declining in January.

The partnership includes multiple components. WLFI will add SUI tokens to its treasury as part of the company's "Macro Strategy" token reserve. This represents the first phase of a broader integration plan.

Some confusion has emerged in the cryptocurrency community. WLFI's Trump affiliation and Sui's use of "Strategic Reserve" terminology in press materials have created uncertainty. The partnership remains entirely separate from the recently announced US Crypto Reserve.

Trump has expressed interest in using "Made in USA" crypto projects for the Reserve. Sui meets this criterion. The blockchain could potentially benefit if the President expands the Reserve's asset list. A positive working relationship with WLFI might enhance Sui's reputation within Trump's circle.

WLFI's portfolio currently includes more than 20 cryptocurrencies. Ethereum, Wrapped Bitcoin, USDT, Tron's TRX, and MOVE make up the majority of holdings.

Disclaimer: The information provided in this article is for educational purposes only and should not be considered financial or legal advice. Always conduct your own research or consult a professional when dealing with cryptocurrency assets.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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