News
by BSCN
March 7, 2025
The partnership extends beyond token inclusion, with both projects exploring product development opportunities to expand DeFi adoption in the U.S. WLFI’s co-founder Zak Folkman cited Sui’s innovation and scalability as key reasons for the collaboration.
Sui Network, one of the fastest-growing Layer 1 blockchains, has announced a partnership with World Liberty Financial (WLFI), a Trump-inspired decentralized finance (DeFi) protocol. As part of the collaboration, WLFI will include $SUI in its Strategic Reserve, a fund designed to support leading Web3 projects. The partnership also paves the way for potential product development opportunities between the two entities.
WLFI introduced the Macro Strategy fund as a way to build a diversified portfolio of crypto assets reshaping global finance. With this partnership, $SUI will be added alongside Bitcoin, Ethereum, USD Coin, Chainlink (LINK), and Ondo Finance (ONDO).
Eric Trump, the Web3 Ambassador at WLFI, emphasized the significance of this collaboration, stating:
“We are very excited to work with Sui and explore the innovative opportunities this collaboration presents.”
Zak Folkman, co-founder of WLFI, highlighted Sui’s rapid adoption and technological innovation as key factors behind the partnership. He stated:
“We chose Sui for its American-born innovation combined with impressive scale and adoption. It is a natural complement to our mission of bringing decentralized finance to more Americans.”
Sui has positioned itself as a high-performance blockchain with a strong developer and DeFi ecosystem. According to the Sui team, in the last few months, Sui has achieved:
Beyond just including $SUI in its reserve, WLFI and Sui are in advanced talks to integrate the blockchain across WLFI’s centralized finance (CeFi) and DeFi initiatives.
Christian Thompson, Managing Director of the Sui Foundation, described the partnership as a significant endorsement of Sui’s technology and long-term vision. He noted:
“WLFI recognizes what we’ve been building, a blockchain designed for the future of finance that’s fast, secure, and accessible.”
Evan Cheng, Co-Founder and CEO of Mysten Labs (the original contributor to Sui), echoed this sentiment:
“We believe that the combination of Sui’s technology and WLFI’s ambitions could help redefine how the world stores and uses digital assets.”
The inclusion of $SUI in WLFI’s Strategic Reserve is expected to enhance Sui’s credibility as a leading DeFi asset while also giving WLFI a technologically advanced blockchain partner to expand its initiatives.
For Sui, this partnership:
For WLFI, adding $SUI aligns with its vision of:
This partnership comes at a time when governments and institutions are increasingly recognizing the importance of crypto reserves and decentralized finance.
Recently, Donald Trump signed an executive order to establish a U.S. Strategic Bitcoin Reserve,a major shift in the government’s stance on digital assets. With WLFI following suit, this move could set a precedent for more financial institutions to diversify their reserves with blockchain assets.
Disclaimer
Disclaimer: The views expressed in this article do not necessarily represent the views of BSCN. The information provided in this article is for educational and entertainment purposes only and should not be construed as investment advice, or advice of any kind. BSCN assumes no responsibility for any investment decisions made based on the information provided in this article. If you believe that the article should be amended, please reach out to the BSCN team by emailing [email protected].
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