Tron (TRX) founder Justin Sun, who is close to US President Donald Trump and is one of the biggest investors in the TRUMP token, and his team have made a new move.
Tron DAO announced it has expanded its AI and stablecoin funding to $1 billion.
Tron DAO announced in a post from its X account that it has increased its AI and cryptocurrency fund, which it first launched in 2023, from $100 million to $1 billion.
According to the announcement, the fund will invest in four areas: “1) AI agent identity projects, 2) Stablecoin-based payment projects, 3) Tokenization of real-world assets (RWA), and 4) Developer tools for autonomous financial systems.”
The expanded fund, now at $1 billion, will focus on investing in projects that use artificial intelligence to improve blockchain scalability, security, and user experience. TRON’s initiative reflects the growing trend of leveraging AI capabilities within the crypto industry and demonstrates its ambition to be a leader in this field.
Tron is also just one of many cryptocurrency-based ecosystems aiming to invest in AI and target an agent-based payment economy, while Solana and Base are also taking steps to expand into this space.
Tron founder Justin Sun had previously stated in an interview that many use cases for AI agents involve small and frequent operations, and that these “require fast and inexpensive networks.”
*This is not investment advice.
Continue Reading: Tron (TRX) Announces a Whopping $1 Billion Investment in This Sector! “10x Increase!”
