UAE Firm Aqua 1 to Invest $100 Million in Trump-Linked WLFI Tokens
Aqua 1, a UAE-based investment firm, has committed $100 million to World Liberty Financial's WLFI tokens—a crypto venture tied to the Trump family. The deal, announced without detailed terms, aims to bolster BlockRock, an RWA tokenization platform. WLFI recently became tradable after the Trump family reduced its stake.
"This partnership validates our blueprint for global financial innovation," said WLFI co-founder Zak Folkman, framing the MOVE as part of a mission to mainstream digital assets. Aqua 1's opaque profile raises questions, with its X account created this month solely to promote the deal. The firm's vague press release leans heavily on Web3 buzzwords like DeFi and AI.
Market observers note the UAE's growing crypto ambitions as contextual backdrop. No exchanges currently list WLFI, but the capital injection could spur liquidity efforts.