Key Takeaways
- World Liberty Financial is partnering with Sui blockchain for product development and will add Sui assets to its Macro Strategy reserve.
- The Macro Strategic Reserve aims to diversify holdings, including assets like Bitcoin, Ethereum, and US Treasury-backed tokens.
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World Liberty Financial, the DeFi project backed by the Trump family, is partnering with the Sui blockchain to explore product development opportunities and plans to include Sui assets in its “Macro Strategy” fund, according to a Thursday announcement.
The project launched “Macro Strategy” last month, focusing on Bitcoin, Ethereum, and other digital assets. The strategic reserve fund aims to support crypto assets “at the forefront of reshaping global finance” through diversified holdings across tokenized assets.
“We are very excited to work with Sui and explore the innovative opportunities this collaboration presents,” said Eric Trump, Web3 Ambassador at World Liberty Financial.
“We chose Sui for its American-born innovation combined with impressive scale and adoption. It is a natural complement to our mission of bringing decentralized finance to more Americans,” said Zak Folkman, co-founder of World Liberty Financial.
Evan Cheng, Co-Founder and CEO of Mysten Labs, the original contributor to Sui, said: “We are thrilled the World Liberty Financial team has agreed to explore collaborations with Sui. We believe that the combination of Sui’s technology and WLFI’s ambitions could help redefine how the world stores and uses assets.”
Sui has emerged as one of the fastest-growing Layer 1 blockchains, achieving over $70 billion in decentralized exchange volume and accumulating more than 67 million accounts.
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