Web3 fund Aqua 1, registered in the UAE, has invested $100 million in WLFI tokens from World Liberty Fi, enabling its participation in the project's governance.
Aqua 1's Investment in WLFI
Aqua 1 purchased additional WLFI tokens, investing $100 million in the project associated with the Trump family. As a result, the fund has become one of the largest holders of WLFI tokens. Currently, World Liberty Fi has raised up to $590 million, with part of the funds coming from large investors. The fund also received support from retail users interested in Donald Trump's second presidential candidacy.
Aqua 1's Role in World Liberty Fi
On-chain data shows Aqua 1 has become the 11th largest holder of WLFI tokens, having received a significant amount in the past three weeks. Zak Folkman, co-founder of World Liberty Fi, stated, "We’re excited to work hand-in-hand with the team at Aqua 1," highlighting the joint mission to bring digital assets to the masses and strengthen the U.S. position in cryptocurrency and blockchain technology.
Future Prospects and New Platforms
World Liberty Fi plans to support the launch of a new investment mechanism, Aqua Fund, also registered in the UAE. Aqua Fund will target the Middle Eastern digital economy, offering projects in AI, Web3, and blockchain infrastructure. Both organizations aim to develop the BlockRock platform for the tokenization of traditional assets and their integration into the Web3 ecosystem.
Aqua 1's investment in WLFI tokens and its participation in World Liberty Fi's governance opens new opportunities for the expansion of decentralized finance in various regions.