5-9-2025 – Tron founder Justin Sun plans to invest $10 million each in ALTS and WLFI, highlighting what he sees as undervaluation in U.S.-listed crypto-related stocks. In a post on X today, Sun declared the sector presents a key opportunity and confirmed he would execute market buys for the assets. He directly tagged World Liberty Financial, the entity behind WLFI, along with Eric Trump, Donald Trump Jr., and other project affiliates. ALTS refers to the 21Shares Crypto Mid-Cap Index ETP, tracking major altcoins excluding Bitcoin and Ethereum, while WLFI is the token of the Trump-linked DeFi platform.
The statement arrives one day after World Liberty Financial blacklisted a wallet address tied to Sun, freezing approximately 595 million WLFI tokens valued at over $100 million, per blockchain records.
This action followed Sun’s transfers of $9 million in WLFI to exchanges like HTX, amid scrutiny over his large holdings from early token sales.