Aqua 1 Invests $100 Million in World Liberty Fi for Governance Seat

Aqua 1, a Web3 fund registered in the UAE, has made a significant investment of $100 million into World Liberty Fi. This investment will grant Aqua 1 a seat on the governance board of World Liberty Fi, aligning with the upcoming transition to transferable WLFI tokens. The investment comes at a pivotal moment as World Liberty Fi prepares to shift to transferable WLFI tokens, marking a significant milestone for the platform.

World Liberty Fi has successfully raised up to $590 million to date, with contributions from large-scale investors, high-profile buyers, and retail users who supported Donald Trump’s second bid for the US Presidency. The platform aims to establish its own niche in decentralized finance, featuring a native stablecoin USD1 and the WLFI token for governance. However, the sale price for WLFI has not been disclosed by Aqua 1 at this stage.

On-chain data reveals that Aqua 1 received WLFI tokens prior to announcing its involvement with Trump’s platform. The fund now holds 800 million WLFI tokens, making it the 11th largest holder of WLFI. The tokens were acquired in two major transfers over the past three weeks, with on-chain analysts noting the significant movements. Additionally, Aqua 1 registered four other related ENS names as of June 21, further solidifying its presence in the ecosystem.

Zak Folkman, co-founder of World Liberty Financial, expressed enthusiasm about the partnership, stating, “We’re excited to work hand-in-hand with the team at Aqua 1.” He added, “Aligning with Aqua 1 validates our blueprint for global financial innovation, as we have a joint mission to bring digital assets to the masses and strengthen our nation’s standing as a champion and leader of cryptocurrency and blockchain technology.”

Aqua 1 will continue to operate as a native Web3 fund, compliant with local UAE regulations. The fund will also serve as a consultant for World Liberty Fi, assisting in its expansion to other regions. World Liberty Fi plans to reach South America, Europe, Asia, and other emerging markets to broaden its digital asset ecosystem, despite being marketed as “Made in USA” crypto.

In a reciprocal move, World Liberty Fi will support the launch of a new investment vehicle, Aqua Fund, also registered in the UAE and partnering with local stakeholders. Aqua Fund will focus on the Middle Eastern digital economy, offering projects in AI, Web3, and blockchain infrastructure. The fund aims to serve as a regional hub for capital flows, developer talent, and technology, while also seeking additional secondary market liquidity for investors.

Together, World Liberty Fi and Aqua Fund will develop and promote BlockRock, an institutional-grade platform for RWA tokenization. The goal of BlockRock is to provide premium traditional assets and integrate them into the Web3 ecosystem. This collaboration underscores the strategic alignment between the two entities, aiming to drive innovation and growth in the fintech sector.