Sui (SUI) Jumps as Trump-Affiliated WLFI Expands Crypto Holdings

The price of Sui’s native token (SUI) surged on Thursday after decentralized finance (DeFi) venture World Liberty Financial (WLFI), which has ties to former U.S. President Donald Trump, announced plans to add Sui assets to its growing crypto reserve.

According to the announcement, WLFI’s latest move is part of a broader initiative to support innovative blockchain projects. The organization also hinted at potential collaborations with Sui on new DeFi products.

SUI climbed as much as 10% to nearly $3 before trimming gains, still holding a 13% increase over the past 24 hours—the biggest gainer in the CoinDesk 20 Index.

“Sui’s cutting-edge technology and American-born innovation make it a strong fit for our strategic reserve,” said Zak Folkman, co-founder of WLFI. “This addition strengthens our commitment to supporting decentralized financial infrastructure.”

WLFI’s reserve already includes wrapped bitcoin (WBTC), ether (ETH), Tron’s TRX, Chainlink’s LINK, as well as MOVE and ONDO tokens, reinforcing its position as a major player in the evolving crypto landscape.