In brief
- A UAE-based fund called the Aqua 1 Foundation has bought $100 million in World Liberty Financial tokens.
- WLFI is the native token of the President Trump-backed World Liberty Financial project.
- World Liberty Financial is an Ethereum-based decentralized finance platform.
The President Trump-backed crypto project, World Liberty Financial, has a new investor—which just snapped up $100 million worth of WLFI tokens.
In a joint statement with World Liberty Financial issued Thursday, United Arab Emirates-based crypto fund Aqua 1 Foundation said that it bought the large sum of WLFI tokens “to help accelerate the creation of a blockchain-powered financial ecosystem.”
It added that the buy was helping merge the worlds of traditional…