UAE-based Aqua 1 Foundation buys $100M worth of tokens from Trump's World Liberty Financial, becoming its largest individual investor ahead of Justin Sun (Muyao Shen/Bloomberg)
168d ago
Technology
Techmeme

UAE-based Aqua 1 Foundation has become the largest individual investor in Trump's World Liberty Financial (WLF) after purchasing $100 million worth of its tokens. This investment surpasses that of Justin Sun, according to a Bloomberg report by Muyao Shen. Aqua 1 Foundation, a relatively unknown crypto fund, is the second Middle East-based investor to inject capital into WLF, signaling growing interest from the region in the company. The purchase highlights the continued, albeit sometimes controversial, intersection of cryptocurrency and prominent figures in business and politics.