Sui Foundation announced a partnership with World Liberty Financial to create a strategic SUI reserve. This follows Donald Trump's announcement of a US crypto reserve.
Partnership with World Liberty Financial
Sui Foundation, together with World Liberty Financial, is launching a strategic SUI token reserve under the 'Macro Strategy' initiative. This partnership is based on a shared goal of achieving a more open and transparent financial world. SUI will be part of WLFI's strategic token reserve, strengthening Web3 projects.
Leadership Plans and Statements
World Liberty Financial's Web3 Ambassador, Donald Trump, expressed hope for fruitful cooperation with Sui. Christian Thompson, Managing Director at Sui Foundation, noted that including SUI in WLFI's strategic reserve would bolster trust in the technology, while WLF Co-founder Zak Folkman emphasized the importance of American innovation in choosing Sui.
Trump's Announcement of US Strategic Reserve
The collaboration takes place amid Trump’s upcoming announcement of a US crypto reserve. Plans include creating a strategic Bitcoin reserve, with a unique status for BTC and different terms for altcoins. This announcement will push the development of the crypto industry.
The partnership between Sui Foundation and World Liberty Financial will strengthen SUI's position in decentralized finance. It coincides with Trump's strategic initiatives, indicating the growing importance of cryptocurrencies.
