The native token of SUI (SUI) rose on Thursday that Trump-affiliated decentralized financing protocol World Liberty Financial (WLFI) slageil was a “strategic reserve agreement” with the Layer-1 Blockchain project.
The agreement includes WLFI, which adds SUI assets to its crypto holdings, the message says. The two projects will also explore “product development opportunities.”
Sui ran as much as 10% to almost $ 3 before the paring gains. Still it was up approx. 13% over the last 24 hours, as it was the best priest asset in the BredmarkedCoindesk 20 index.
“We chose Sui for his American-born innovation combined with impressive scale and adoption,” said Zak Folkman, co-founder of the World Liberty Financial. “Given our plans to support basic Defi assets in the coming months, it was an obvious decision to collaborate with SUI.”
World Liberty Financial has already accumulated various digital assets in its “Strategic Token Reserve”, including wrapped Bitcoin, Ether (ETH), Trons TRX, Chainlink’s Link as well as Move and Ondo -Tokens.
