Tron (TRX) founder Justin Sun, who is close to US President Donald Trump and one of the largest investors in the TRUMP token, and his team have made a new move.
Tron DAO announced that 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 was 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) real-world asset tokenization (RWA), and 4) developer tools for autonomous financial systems.
“TRON announced that it will increase its AI funding from $100 million to $1 billion. The fund will seek to invest in and acquire early-stage companies that are building the fundamental infrastructure of an agent-based economy.”
The fund, now expanded to $1 billion, will focus on investing in projects that use artificial intelligence to improve blockchain scalability, security, and user experience. TRON’s efforts reflect the growing trend of leveraging AI capabilities within the cryptocurrency industry and demonstrate its ambition to become a leader in the field.
Tron is just one of many cryptocurrency-based ecosystems looking to invest in AI and enable an agent-based payment economy, with Solana and Base also taking steps to expand into this space.
Tron founder Justin Sun said in a previous interview that many use cases for AI agents involve small, frequent operations, and these “require fast, cheap networks.”
*This is not investment advice.
