UAE Company Buys $100M in WLFI Token Backed by Trump-Linked Crypto Endeavor
A company based in the United Arab Emirates has bought $100 million worth of WLFI, the governance token of World Liberty Financial. A business based in the United Arab Emirates (UAE) has actually purchased $100 million worth of WLFI, the governance token of World Liberty Financial, a cryptocurrency platform tied to U.S. President Donald Trump and his family. Key Takeaways: A UAE firm has invested $100 million in WLFI, going beyond Justin Sun as the biggest holder. The deal aims to boost WLFI’s efforts in expanding and tokenizing real-world assets stablecoin use. Trump family ties to WLFI continue to draw political analysis amidst growing issues over foreign influence. In a joint statement on Thursday, World Liberty Financial and the Aqua1 Structure explained the deal as a strategic move to speed up the development of a blockchain environment focused on real-world asset (RWA) tokenization, stablecoin facilities, and decentralized finance. UAE Company Aqua1 Ends up being Largest WLFI Holder, Surpasses Justin Sun The statement positions Aqua1, a self-described Web3-native fund, as a major WLFI stakeholder, going beyond Tron founder Justin Sun, who dedicated $30 million to the job last November. “Aqua1 and WLFI will interact to recognize and support blockchain jobs with transformative potential,” said Dave Lee, establishing partner at Aqua1. He stressed WLFI’s vision for incorporating traditional financing with blockchain procedures, calling it “a trillion-dollar pivot opportunity.” The investment marks another high-profile link in between the Trump family and global crypto dealings. World Liberty Financial, co-founded by President Trump’s three kids, has currently drawn analysis from lawmakers. President Trump disclosed $57.4 million in income connected to WLFI and holds 15.75 billion of the platform’s governance tokens, according to current filings. Back in Might, Eric Trump sparked criticism when he exposed that Abu Dhabi-based MGX planned to use WLFI’s USD1 stablecoin to settle a $2 billion investment in Binance. That announcement came just as U.S. legislators ramped up conversations on new rules governing payment stablecoins. The overlap between legal advancements and the Trump family’s crypto organization has actually raised red flags among some members of Congress. During a Senate Appropriations Committee hearing today, U.S. Chief law officer Pam Bondi decreased to comment directly when pushed by Senator Jeff Merkley on the president’s participation with World Liberty Financial. Merkley warned against foreign influence in American policymaking. “I think it is essential for the leader of the Justice Department of the United States to be extremely concerned about foreign influence,” he stated. “Americans need to make American decisions– not have them purchased through crypto coins.” Trump Continues to Capitalize on Crypto Market Momentum Meanwhile, Donald Trump continues to take advantage of crypto market momentum. According to monetary disclosures released last Friday, the former president drew in $58 million from crypto endeavors in 2024, mostly through WLFI token sales. That total tracked only his hospitality income and is anticipated to climb even more in 2025 with an awaited $390 million token sale and gains from his meme coin, introduced in January. His participation in Bitcoin mining, tokenized properties, and digital ETFs is raising concerns about prospective disputes of interest. Critics have actually pointed out that some of his companies have actually seen tailwinds from favorable policy choices throughout his time in office. As reported, the SEC has actually authorized Trump Media and Innovation Group’s (TMTG) registration declaration tied to a $2.3 billion Bitcoin treasury initiative. The post UAE Company Buys $100M in WLFI Token Backed by Trump-Linked Crypto Venture appeared initially on Cryptonews.
