Trump’s World Liberty Crypto project receives $ 100 million investment from the VAE fund

The Crypto project supported by President Trump, World Liberty Financial, has broken up a new investor who has just before $ 100 million in WLFI tokens.

In a joint statement with World Liberty Financial published on Thursday, the Crypto Fund Aqua 1 Foundation, which was established in the United Arabian Emirates, said it bought the large sum of WLFI tokens “to speed up the establishment of a blockchain-driven financial ecosystem.”

It added that the purchase helped when merging the worlds of traditional finances and decentralized finances.

“Together, WLFI and Aqua 1 build up the final bridge between legacy systems and blockchain innovation-a marketplace for institutional quality that provides unparalleled access to traditional assets,” was the joint explanation.

Decrypt Establish both WLF and Aqua 1 Foundation for comment, but did not immediately receive a response from both parties.

WLFI is the indigenous board of World Liberty. In the crypto and decentralized financing space, holders of Governance – token can vote for changes in the way the project is implemented.

Only accredited investors can currently buy WLFI tokens, but the project also has one stabile” USD1that is available on large crypto fairs. World Liberty Financial has Packed supervision of recent times About the use of USD1 to a $ 2 billion investments from the sovereign power fund MGX established in Abu Dhabi To lead Crypto exchange Binance.

Details about the Ethereum-Based World Liberty Financial Platform have been vague so far, but those behind the project have said it is one Decentralized financing—Or or Defi – Lenat and Leen platform where users can earn rewards with their crypto.

Defi projects are experimental apps that usually work to do things that banks do – but in a faster, more efficient and decentralized way without involved between intermediaries.

Wereld freedom First plagued By the son of President Trump, Eric, last year and is led by Defi -builders Chase Herro and Zak Folkman, together with the Trump and Witkoff family.

The Witkoffs are close to the Trumps and Steve Witkoff-a old wave buddy of President Trump-Werkt now as the special envoy from the White House to the Middle East.

Legislers – in particular Democrats – have expressed concern about conflicts of interest with the project, especially since the Trump family has earned millions with the sale of token. President Trump recently a windfall of $ 57.3 million announced from the token sale of the project.

In May, Senator Richard Blumenthal (D-CT) started one research In world financial freedom and her ties with the president.

A business entity associated with President Trump and his family, DT marks Defi LLC this month slice The ownership share in World Liberty Financial from 60% to around 40%.

Edited by Andrew Hayward