The layer-1 blockchain Sui (SUI) is bucking the trend in an otherwise struggling crypto market, fueled by a new partnership with a decentralized finance (DeFi) project associated with former U.S. President Donald Trump.
A competitor to Solana (SOL), Sui has seen its price climb following a collaboration with World Liberty Financial (WLFI), a DeFi platform focused on expanding blockchain-based financial services.
Zak Folkman, co-founder of WLFI, explained the reasoning behind the partnership, emphasizing Sui’s technological capabilities and strong presence in the U.S. market.
He highlighted that Sui’s innovation and scalability made it a natural fit for WLFI’s mission to bring DeFi solutions to more American users. With plans to integrate key DeFi assets in the near future, he noted that teaming up with Sui was a logical move.
Although World Liberty Financial identifies Trump as its chief crypto advocate, the platform clarifies that he holds no official role within the company.
However, the site does disclose that DT Marks DEFI LLC—a firm linked to Trump and some of his family members—owns 22.5 billion WLFI tokens and is entitled to a share of the platform’s fees.
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