What to know:
- Oh darling, the native token of Sui (SUI), a layer-1 blockchain, has decided to make quite the splash after a rather strategic reserve deal with World Liberty Financial (WLFI), a Trump-affiliated decentralized finance protocol. How quaint! 🎩
- The deal, as if scripted by a playwright, includes WLFI adding Sui assets to its crypto holdings and exploring product development opportunities. Because why not? 🤷♂️
- World Liberty Financial has already gathered a delightful assortment of digital assets in its strategic token reserve, including wrapped bitcoin, ether (ETH), Tron’s TRX, Chainlink’s LINK, and a few other tokens that sound like they belong in a magician’s hat. 🎩✨
On this fine Thursday, the native token of Sui (SUI) has surged, much like a diva entering a stage, upon hearing the news that the Trump-affiliated decentralized finance protocol World Liberty Financial (WLFI) has struck a “strategic reserve deal” with our dear layer-1 blockchain project. How utterly riveting! 🎭
The announcement, dripping with anticipation, revealed that WLFI would be adding Sui assets to its crypto holdings. The two projects will also explore “product development opportunities.” Because, darling, who doesn’t love a good collaboration? 💼
SUI jumped as much as 10% to near $3 before paring gains, like a starlet who can’t quite decide on her next move. Still, it was up about 13% in the past 24 hours, making it the belle of the ball in the broad-market CoinDesk 20 Index. Bravo! 👏
“We chose Sui for its American-born innovation combined with impressive scale and adoption,” said Zak Folkman, co-founder of World Liberty Financial. “Given our plans to support foundational DeFi assets in the coming months, collaborating with Sui was an obvious decision.” How very diplomatic! 🥂
World Liberty Financial has already accumulated a veritable treasure trove of digital assets in its “strategic token reserve,” including wrapped bitcoin, ether (ETH), Tron’s TRX, Chainlink’s LINK, and a few other tokens that sound like they belong in a magician’s hat. 🎩✨
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2025-03-06 18:49