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SUI Rallies 15% After Securing Deal With Trump’s Finance Arm | Global News Avenue

SUI Rallies 15% After Securing Deal With Trump’s Finance Arm

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This article is also available in Spanish.

Defi Group World Free Finance (WLFI) linked to US President Donald Trump has added SUI (SUI) to its Strategic reserves. The move is part of WLFI’s strategy to support a broad portfolio of blockchain-based financial solutions.

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SUI joins other major crypto assets

Since its introduction in September 2024, WLFI has established a strong influence in the cryptocurrency space. Packed Bitcoin (WBTC) and Ethereum (ETH) are already in the reserves, and SUI is the latest.

Web3 ambassadors Donald Trump Jr. and Eric Trump led the program. The president’s youngest son, Barron Trump, is also attending and is known as the “visionist.” Their goal is to promote stablecoins and other decentralized financial technologies.

Why does WLFI choose Sui?

The SUI developed by Mysten Labs is known for its ability to trade quickly and scale efficiently. It is built to support a large number of users while remaining cost-effective, making it an excellent choice for financial applications.

The fact that WLFI adds SUI to its inventory shows that it has confidence in the future of blockchain technology. The team is committed to retaining a wide range of digital assets and supporting important Web3 projects.

Eric Trump does indeed have a role in WLFI’s Web3 Ambassador Excited by the league. He said the roots of blockchain in U.S. innovation and the ability of companies to grow are two things that stand out for him.

Evan Cheng, co-founder and CEO of Mysten Labs (the company behind SUI), talks about how the alliance will change the protection and use of assets globally.

He said everyone has the same goal: to regain control of their financial resources and digital businesses.

SUI is now trading at $2.82. chart: TradingView

Market reaction

At the same time, the partnership news was given Token Coingecko data shows that there has been some growth in the past 24 hours, up 10% in the past 24 hours. The collaboration has been praised by investors, who see it as a major recognition of blockchain technology and its importance in WLFI initiatives.

This protocol improves SUI’s position in the Defi market. As a relatively new project, WLFI benefits from being consistent with a powerful blockchain like SUI, which helps strengthen its market business.

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The next step for WLFI and SUI

WLFI and SUI are expected to continue to collaborate on blockchain-based financial solutions. Although specific plans have not been disclosed, the addition of SUI to WLFI’s reserves indicates a deeper partnership in the future.

Featured images from Pexels, charts for TradingView

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