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Trump Family’s Crypto Ties Deepen With $100 Million UAE Boost

Trump Family’s Crypto Ties Deepen With $100 Million UAE Boost

Published:
2025-06-27 21:54:02
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BTCCSquare news:

World Liberty Financial made waves this week after an Abu Dhabi fund acquired $100 million worth of WLFI governance tokens, surpassing TRON founder Justin Sun's previous $30 million investment. The deal, orchestrated by Aqua1 Foundation, aims to advance a blockchain-based financial system integrating stablecoins, real assets, and on-chain tools.

Aqua1's Dave Lee emphasized the MOVE initiative's focus on "global capital efficiency," signaling collaboration with World Liberty on high-potential blockchain projects. The venture seeks to bridge traditional markets with tokenized technology.

Political scrutiny intensifies as three of former US President Donald Trump's sons co-founded World Liberty. TRUMP disclosed $57 million in WLFI-linked income and holds 16 billion governance tokens—a stake raising concerns about potential policy influence.

Regulatory pressures mount as lawmakers debate stablecoin oversight. Proposed legislation like the GENIUS Act could impose reserve and audit requirements, with some measures targeting presidential financial interests in crypto projects.

|Square

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