The popular Altcoin project SUİ (SUI) experienced a significant value increase after the strategic reserve agreement with the Trump -related defi protocol World Liberty Financial (WLFI).
Sui and World Liberty Financial Partnership
According to the announcement, World Liberty Financial (WLFI) will add sui assets to its strategic reserve and evaluate new product development opportunities. The agreement aims to expand WLFI’s crypto asset portfolio and increase its integration to the defi ecosystem.
World Liberty Financial had a wide portfolio before adding sui assets to their reserves. The company’s current reserve has Bitcoin (WBTC), Ethereum’s Ether (ETH) Token, Tron’s TRX, Chainlink’s Link Token, and Movedo Token. The addition of sui assets to this portfolio may further strengthen the position of WLFI in the defi field.
Altcoin investors quickly purchased the news
After the news was heard, SUI TOKEN rose up to 10 %and approached $ 3. Although he gave back some of his earnings, he has increased a 13 %in the last 24 hours. With this performance, it was one of the best performance assets in the Coindesk 20 index.
Zak Folkman, one of the founding partners of World Liberty Financial, used the following statements about this cooperation: ık We preferred SUİ, who stands out with American innovation and scalability. It has been a natural decision to cooperate with SUİ in line with our plans to support basic defi assets in the coming months. ”
How this agreement will contribute to both the sui ecosystem and the influence of WLFI in the defi world will be more clearly in the coming period.
As Kriptokoin.com, the Trump project has recently attracted attention with WBTC and TRX investments.