TechFlow News, according to CoinDesk, at the Hong Kong Consensus Conference, Zak Folkman, co-founder of World Liberty Financial, revealed that the project's early success was largely attributed to the support of cryptocurrency billionaire Justin Sun. The project initially gained attention due to Trump's involvement but performed poorly in the early sales phase, failing to meet its $30 million fundraising target.
The turning point came when Justin Sun invested $30 million to purchase WLFI tokens and joined as a project advisor. Following this, fundraising quickly surpassed the original goal and set a new target, positioning the offering to potentially become the fourth-largest ICO in history. As part of the strategic partnership, World Liberty acquired $10 million worth of TRX tokens and WBTC, a Bitcoin derivative associated with Justin Sun.
