A United Arab Emirates-based fund, Aqua 1 Foundation, has invested $100 million in World Liberty Financial's digital tokens , making it the largest publicly known investor in the crypto venture led by the Trump family. This investment aims to accelerate the creation of a blockchain-powered financial ecosystem featuring stablecoins and tokenized traditional assets. Although $WLFI is currently non-tradable, it functions as a governance token that allows holders to vote on foundational changes. World Liberty is working to make the token transferable in the future.
World Liberty, launched just before the 2024 U.S. presidential election, has generated significant revenue for Donald Trump's family business, sparking criticism over potential conflicts of interest. The company seeks to democratize access to financial services by eliminating intermediaries like banks and has also launched a stablecoin, USD1, which gained support from an Abu Dhabi firm investing $2 billion in Binance.
The partnership between Aqua 1 and World Liberty plans to jointly develop high-potential blockchain projects and expand globally, especially into South America, Europe, and Asia. Additionally, World Liberty supports a new Aqua 1 fund to advance digital economy transformation in the Middle East through blockchain and AI.
Despite its investment role, Aqua 1 maintains a limited online presence. Its X account has only three posts and approximately 1,120 followers, while its website was created on May 28, according to data from two web domain trackers.
This significant investment underscores the growing interest and integration of cryptocurrency ventures into traditional financial ecosystems, highlighting the potential for blockchain technology to reshape global financial services.
