🇦🇪💰 A UAE-based firm has invested $100M in WLFI,
A crypto platform linked to the Trump family. This makes the investor — Aqua1 Foundation — a larger holder than Tron founder Justin Sun ($30M stake).
🚀 Aqua1 and WLFI aim to build a blockchain ecosystem focused on:
🌐 Real World Asset (RWA) tokenization
💵 Stablecoin integration
🔗 Capital market + DeFi convergence
🧠 “We’re catalyzing a trillion-dollar structural pivot,” said Aqua1’s Dave Lee.
👀 WLFI is under Congressional scrutiny due to Trump’s ties. Trump’s sons are listed as co-founders, and he disclosed $57.4M in income and 15.75B tokens in June.
⚖️ Lawmakers are raising red flags as the firm plays a role in a $2B deal with Binance via its USD1 stablecoin — coinciding with debates on new stablecoin regulation.
🇺🇸 At a recent hearing, concerns over foreign influence and conflict of interest were raised, with calls for clear crypto rules and restrictions on presidential crypto holdings.
📜 Proposals on the table include the GENIUS Act and laws to limit digital asset investments by future U.S. presidents.
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