A UAE-based fund, Aqua 1 Foundation, has invested $100 million in Trump-backed crypto firm World Liberty Financial by purchasing its governance token, $WLFI. The token offers voting rights and may soon become tradable. The investment aims to expand blockchain-based finance globally, focusing on tokenized assets and stablecoins. Aqua 1 and World Liberty plan joint development projects across South America, Europe, and Asia. The Trump family owns 60% of World Liberty and earns most revenue from token sales. This deal has raised scrutiny over foreign influence and ethics, especially after the firm launched a USD stablecoin used in major crypto deals.
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