On Jan. 17, the Digital Sovereignty Alliance, a nonprofit established by Tron DAO, formally announced its sponsorship of President-elect Donald Trump's Crypto Ball. In parallel, a source with knowledge of the situation informed Bitcoin.com News that World Liberty Financial, the decentralized finance (defi) arm of the Trump family, is set to integrate TRX into its treasury strategy.

Digital Sovereignty Alliance Lends Support to Trump's Crypto Ball

The Digital Sovereignty Alliance (DSA) aims to position itself as a vanguard of ethical governance in the realm of emerging technologies within the United States. Its scope of advocacy encompasses decentralized frameworks, blockchain innovation, cryptocurrency adoption, Web3 progression, and advancements in artificial intelligence (AI). On Friday, the nonprofit's official account on X revealed its role as a sponsor for Donald Trump's inaugural Crypto Ball. The Crypto Ball is taking place this evening at Washington D.C.'s Andrew W. Mellon Auditorium.

"Digital Sovereignty Alliance proudly sponsors the inaugural Crypto Ball, celebrating American innovation alongside President-elect Trump's inauguration," the organization wrote on X. "DSA looks forward to working with the new administration to foster innovation through ethical policies that prioritize public welfare," the group added.

Additionally, Justin Sun, the founder of Tron, reacted to the announcement of the DSA's sponsorship, expressing optimism about the incoming Trump administration. "As President-elect Donald Trump takes office, I'm excited about the opportunities for forward-thinking crypto policies that can drive growth and innovation, not just in the U.S., but across the global blockchain industry," Sun said.