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World Liberty Financial, a cryptocurrency company supported by US President Donald Trump and his family, announced that a company based in the Arab Emirate has purchased a token of the $ 100 million platform.
Thursday Notifications, World Liberty and Aqua1-Samopated Foundation as “Web3-Rotive Fund”- said The $ 100 million agreement was “intended to speed up the creation of a financial ecosystem driven by a blockchain focusing on the development of blockchains, real world tokenization (RWA) and integration of stablecoin to set new benchmarks for global efficiency of capital.”
Purchase makes Aqua1 larger tokendoldolder WLFI than founder of Tron Justin Sun, which Invested in a project of $ 30 million in November.
“WLFI and Aqua 1 together identify and educate projects with high blockchain potential together,” said founding partner Aqua1 Dave Lee. “The USD1 ecosystem and USD1 pipes embody a structural beer opportunity that we strive to catalyze-where architects combine traditional capital markets with decentralized primitives to redefine global financial infrastructure.”
https://www.youtube.com/watch?v=VKC5QCRVDC0
World freedom is already under control of US lawmakers because of the connection of Trump family with the company. Trump’s three sons are appointed as co -founders of the company and in June the President published $ 57.4 million In income linked to WLFi together with personally organizing 15.75 billion tokens of the administration.
Related: World freedom supported by trumps to release an audit of stablecoin to be WLFI portable
WLFI under control because the US Congress is trying to Stablecoin Bill
The Trump Trump Crypt has already faced criticism after Eric Trump announced in May that an investment company based in Abu Dhabi, MGX, will use the Stablecoin platform USD1 Balance an investment of $ 2 billion in Binance.
This step came when Congress weighs accounts to regulate payment stable, raising concerns of democratic legislators that the President supports legal regulations that could benefit the business links of his family.
To hear the Senate Committee on Wednesdays on Wednesday American Prosecutor Pam Bondi Sent The question from Senator Oregon Jeff Merley on the President’s connection with World Liberty Financial.
“I think it is important that the leader of the Ministry of Justice of the United States is very concerned about foreign influence,” Merley said. “And I encourage you.” [Bondi] To take this topic and not consider the crime that those of us who are worried about here, Democrats and Republicans want Americans to make US decisions. Not a foreign influence that would be bought through crypt coins. ”
Several US lawmakers have proposed various legislative ways to deal with the potential clashes of interests with the cryptov ground. Proposals included amendments to the management and introduction of national innovations for American stablecins or the Genius Act and independent legislation prevent the president And future leaders from investing in digital assets in the office.
Magazine: Genius Act again opens the door for meta stablecoin, but will it work?
