World Liberty Financial, the crypto project backed by Donald Trump, has gained early success thanks to Chinese crypto billionaire Justin Sun. Sun purchased $30 million worth of the project's token, WLFI, and became an official advisor. The project aims to merge traditional financial institutions with decentralized finance. Initially, sales were lackluster and restricted to non-U.S. and accredited U.S. investors, but Sun's involvement turned things around. World Liberty is now developing various products and applications, not just a lending platform based on Ethereum's Aave. The project has surpassed its fundraising target and WLFI is set to become the fourth-largest initial coin offering. Sun also became an official World Liberty investor. World Liberty has been offering a deal to crypto teams, adding their tokens to its portfolio for a fee, but the company denies being connected to the person reportedly offering the deal.
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