On the first day of Trump's inauguration, his family's cryptocurrency project spent $4.7 million to purchase the Tron token

Odaily Planet Daily News: On January 20th local time, WLFI, the Trump family's cryptocurrency project, announced on X platform that in order to commemorate Trump's inauguration as the 47th President of the United States, it has laid out multiple cryptocurrency assets, including TRX (TRON Token) with an investment value of $4.7 million. It is understood that this is WLFI's first investment in a Chinese project. In addition, TRON representatives were invited to attend the presidential inauguration ceremony on January 20th and became sponsors of the crypto industry's celebration of Trump and Vance's inauguration party (Crypto Ball) through their non-profit organization, the Digital Sovereignty Alliance (DSA). Sun Yuchen, founder of TRON, said that with Trump taking office, he is full of expectations for the forward-looking encryption policies that the new administration may introduce, which are expected to drive the growth and innovation of the blockchain industry in the United States and even globally.