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The company based in the United Arab Emirates (SAE) has purchased a WLFI worth $ 100 million, the token of the World Liberty Financial Administration, the cryptocurrency platform tied to the US President Donald Trump and his family.
Key with you:
- SAE invested $ 100 million in WLFI and exceeded Justin Sun as the largest holder.
- The aim of the agreement is to increase WLFI efforts to token the real world and expand the use of stablecoins.
- Trump’s family ties to WLFi continue to attach political controls in the middle of growing concerns about foreign influence.
In a announcement On Thursday, World Liberty Financial and Aqua1 foundations described the agreement as a strategic step to speed up the development of the Blockchain ecosystem focused on tokenization and assets in the real world (RWA), Stablecoin infrastructure and decentralized finances.
Sae Aqua1 becomes the largest WLFI holder, overtaking Justin Sun
The Aqua1 Notification Position, the Separately described Web3-Nantive Fund, as the main part of the WLFI, overcomes the founder of Tron Justin Sun, which committed $ 30 million into the project last November.
“Aqua1 and WLFI will work together to identify and support blockchain projects with transformation potential,” said Dave Lee, founding partner of Aqua1.
He emphasized the vision of WLFi to integrate traditional finances with blockchain protocols and called it “trillion rotating opportunities”.
Investment means another significant connection between Trump’s family and international crypto negotiations.
World Liberty Financial, co -founded by the three sons of President Trump, has attracted the control of legislators.
President Trump has published revenues of $ 57.4 million linked to WLFI and, according to recent submissions, hold 15.75 billion platform tokens.
In May Eric Trump caused criticism when he revealed that MGX based in Abu Dhabi planned to use WLFi USD1 Stablecoin to settle an investment of $ 2 billion to Binance.
Like us, this announcement came to the US lawmakers improved discussions on new rules governing payment stablecoins.
The overlap between the legislative development and the cryptometer of the Trump family increased among the members of the red flag congress.
During the hearing of the Senate Committee this week, the US General Prosecutor Pam Bondi refused to express himself directly when he was pressed by Senator Jeff Merley on President’s involvement in World Liberty Financial.
Merley warned against foreign influence in American politics. “I think it is important that the leader of the Ministry of Justice of the United States is very concerned about foreign influence,” he said.
“Americans should make US decisions – don’t let them buy them through a coin crypt.”
Trump continues to earn the momentum of the market crypto
Meanwhile, Donald Trump continues to earn the momentum of the market crypto.
According to financial publication published last Friday, former president Pulled out $ 58 million from Crypto Ventures In 2024, mainly through the sale of WLFI tokens.
This total number watched only its income from the hospitality and is expected to continue to climb with the expected sale of token of $ 390 million and the profits of its MEME coin, which started in January.
Its involvement in the mining of bitcoins, tokenized assets and digital ETF raises concern about the possible conflict of interest.
Critics pointed out that some of his businesses had recorded tails in the office of favorable political decisions during their time.
As mentioned, SEC has Approved Registration Trump Media and Technology Group (TMTG) A statement tied to the Bitcoin Treasury Initiative initiative of $ 2.3 billion.
Contribution The UAE company buys $ 100 million in the WLFI token supported by Krypton associated with Trump-bound He appeared for the first time Cryptonews.
