World Liberty Financial Receives $100 Million from UAE Crypto Investment
A UAE-based fund, Aqua 1, has invested $100 million in the Trump-backed decentralized finance platform World Liberty Financial and its native token WLFI. This partnership aims to develop a blockchain financial ecosystem and integrate stablecoins. Aqua 1 becomes a major stakeholder in the project, supported by crypto billionaire Justin Sun's $75 million investment. Earlier, Abu Dhabi’s MGX used World Liberty Financial’s USD1 stablecoin for a $2 billion investment in Binance. The collaboration will focus on nurturing blockchain projects and expanding into South America, Europe, Asia, and emerging markets. Both companies plan to create "BlockRock," a platform for tokenizing real-world assets. World Liberty Financial will release an audit report for its stablecoin, USD1, and is preparing to make WLFI tradable. A new app for simplifying cryptocurrency use for everyday investors is also in development. The TRUMP memecoin is currently trading at $8.96, down 30% over the past month.
