UAE Investment Firm Acquires $100 Million in World Liberty Financial Governance Tokens

World Liberty Financial, a cryptocurrency platform with ties to US President Donald Trump and his family, announced Thursday that a United Arab Emirates-based entity, Aqua1 Foundation, purchased $100 million worth of its governance token WLFI.

In a joint statement, World Liberty and Aqua1 Foundation described the acquisition as supporting “blockchain development, Real World Asset (RWA) tokenization, and stablecoin integration.” The deal aims “to accelerate the creation of a blockchain-powered financial ecosystem” and establish “new benchmarks for global capital efficiency.”

Aqua1’s investment positions it as the largest WLFI token holder, surpassing founder Justin Sun, who previously invested $30 million in November.

“WLFI and Aqua 1 will jointly identify and nurture high-potential blockchain projects together,” said Aqua1 founding partner Dave Lee. “WLFI’s USD1 ecosystem and RWA pipeline embody the trillion-dollar structural pivot opportunity we seek to catalyze.”

Family Ties and Scrutiny

World Liberty Financial is currently under scrutiny from US lawmakers due to its connection to the Trump family. The company was co-founded by sons Kushner and Donald Trump Jr. In June, President Trump reported $57.4 million in income linked to WLFI and stated he personally holds 15.75 billion WLFI governance tokens.

WLFI under scrutiny as US Congress looks to stablecoin bill

Questions surrounding the company intensified when, in May, Eric Trump announced that an Abu Dhabi-based investment company, MGX, would utilize World Liberty’s USD1 stablecoin to settle a $2 billion investment in Binance.

This occurred as Congress debated legislation to regulate payment stablecoins organized by private entities, raising concerns among some lawmakers that the President might be backing policies advantageous to his family’s business interests.

In a recent Senate Appropriations Committee hearing, Oregon Senator Jeff Merkley pressed US Attorney General Pam Bondi on the need for the Justice Department to address potential foreign influence through the president’s business ties with World Liberty Financial.

Merkley stated, “I think it’s important for the leader of the Justice Department of the United States to be very concerned about foreign influence… I encourage you… want Americans… American decisions. Not foreign influence being bought through crypto coins.”

Legislative Action Underway

Several US lawmakers have proposed legislative paths to address potential conflicts of interest in the crypto space. Suggestions included amendments to the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act and separate legislation prohibiting current and future US leaders from investing in digital assets while in office.