World Liberty Financial partners with Sui, SUI token "rises" more than 15%
Sui layer-1 blockchain recently announced a partnership with World Liberty Financial (WLFI), a DeFi project backed by US President Donald Trump's family, with the goal of promoting the DeFi ecosystem, helping to bring decentralized finance closer to US users, and at the same time seeking opportunities to develop joint products.
The highlight of the partnership is that WLFI will integrate assets on Sui into the "Macro Strategy" fund - a strategic token reserve fund, to support leading projects in the DeFi space - helping to increase liquidity and strengthen Sui's position in the decentralized finance ecosystem.
🚨 BREAKING — we’re extremely excited to announce a partnership with @worldlibertyfi, a Donald J. Trump-inspired pioneering DeFi protocol, rooted in a shared vision for a more open and transparent financial world.
As part of this collaboration:
💥 WLFI will include SUI in their… pic.twitter.com/7J1gB0EbS4
— Sui (@SuiNetwork) March 6, 2025
Eric Trump, Web3 Ambassador for World Liberty Financial, expressed his excitement about the partnership, highlighting the potential of the Sui blockchain to expand the reach of DeFi in the US.
Zak Folkman, co-founder of WLFI, also shared his reasons for choosing Sui:
"Sui combines groundbreaking American innovation with impressive scalability. It is a natural choice to help us bring decentralized finance to more people."
"The combination of Sui's technology and WLFI's ambition can redefine how the world stores and uses assets. Together, we will accelerate the vision of a user-controlled financial system."
Sui is a blockchain project developed based on the Move programming language (like Aptos), which was created by the Diem team (the stablecoin that was canceled by Facebook). Sui was created with the aim of solving the multi-dimensional scaling problem of traditional blockchains to optimize resource usage and expand operational throughput. In addition, in the midst of the 2022 downtrend, Sui also raised more than $336 million in investment from large funds.
Sui has had a successful 2024 with outstanding growth, thanks to the explosion of the DeFi ecosystem and the projects that are constantly developing on this network. It is expected that in 2025, this layer-1 blockchain will continue to improve network speed, expand scale, accelerate off-chain transactions, improve storage, enhance security and build an ideal environment for developers.
The development of the Sui blockchain in recent times has been especially notable thanks to the "hot" growth of the governance token SUI, recording a growth of more than 400% from the bottom price of 0.53 USD in August 2024 to the present. At the time of writing, SUI is trading around 2.87 USD, "building a column" to increase by more than 15% right after the cooperation news.
The partnership with WLFI not only expands Sui's application but also strengthens the role of this blockchain in the DeFi sector in the US, promoting the adoption of decentralized finance on a wider scale.
