UAE Firm Invests $100M in Trump-Linked WLFI Token
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BTCCSquare news:
A UAE-based company, Aqua1 Foundation, has committed $100 million to the Trump-affiliated World Liberty Financial (WLFI) Token. The investment marks a strategic push into real-world asset tokenization, stablecoins, and decentralized finance (DeFi).
The partnership between WLFI and Aqua1 aims to identify and support transformative blockchain projects. Dave Lee, Aqua1's founding partner, highlighted the trillion-dollar potential of merging traditional finance with blockchain protocols.
The announcement follows WLFI's disclosure of its team's efforts to enable trading of its governance token, which grants voting rights but restricts transfers. This investment eclipses TRON founder Justin Sun's $30 million commitment to WLFI in late 2024.
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