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Aqua 1 to Invest $100 Million in WLFI to Advance DeFi

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by Giorgi Kostiuk

5 hours ago


The Web3-based investment fund Aqua 1, located in the United Arab Emirates, has announced the purchase of $100 million in governance tokens from the decentralized finance platform World Liberty Financial (WLFI).

Strategic Investments by Aqua 1

Aqua 1 aims to participate in the governance processes of WLFI and accelerate the development of the blockchain-based financial ecosystem.

Goals and Plans of the Partnership

In a company statement, it was indicated that this partnership aims to speed up the integration of traditional financial systems with decentralized structures and ensure the widespread use of stablecoin solutions through the tokenization of Real World Assets (RWA).

Founders' Opinions on the Partnership

Zak Folkman, co-founder of WLFI, expressed excitement about the partnership, stating it is part of the mission to bring digital assets to the masses and strengthen the country's leadership in crypto and blockchain technologies. Dave Lee, co-founder of Aqua 1, added that together with WLFI, they will identify and support high-potential blockchain projects.

The collaboration between Aqua 1 and WLFI promises significant changes in traditional financial markets and decentralized structures, creating new possibilities in commercial payments and treasury management.

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