SUI Rallies 10% After Securing Deal With Trump Finance Arm
Summary
World Liberty Financial (WLFI) has added Sui (SUI) to its strategic reserves, expanding its portfolio of blockchain-based financial solutions. WLFI, linked to Donald Trump, already holds Wrapped Bitcoin (wBTC) and Ethereum (ETH). The initiative is led by Donald Trump Jr., Eric Trump, and Barron Trump, aiming to promote stablecoins and decentralized financial technologies. Sui, developed by Mysten Labs, is chosen for its fast transactions and scalability, making it suitable for financial applications. The partnership has boosted SUI's token value by 10% in 24 hours, reflecting investor confidence. WLFI and Sui plan to collaborate on future blockchain solutions, indicating a deeper partnership ahead.