Source: Reuters
A United Arab Emirates-based fund has bought $100 million worth of digital tokens issued by World Liberty Financial, the crypto venture of U.S. President Donald Trump’s family, becoming its largest publicly known investor.
Aqua 1 Foundation said in a statement on Thursday its purchase of the tokens, known as $WLFI, sought to speed up the creation of a “blockchain-powered financial ecosystem” with stablecoins and tokenised traditional assets at its heart.
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Despite its investment, Aqua 1 maintains a minimal online presence. Its X account has only three posts and approximately 1,120 followers while its website was created on May 28, according to data from two web domain trackers.
World Liberty also plans to support the launch of a separate Aqua 1 fund aimed at boosting the “digital economy transformation” in the Middle East through blockchain and artificial intelligence, the statement said.
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