Aqua1 bought $100 million worth of WLFI and became the largest holder of the Trump-linked token.
Trump earned $58 million in 2024 from crypto mostly through sales of WLFI governance tokens.
WLFI plans to expand into tokenized assets, stablecoin systems, and blockchain-based financial infrastructure.
A Dubai-based firm has purchased $100 million worth of WLFI tokens tied to the Trump family. The deal makes Aqua1 the largest holder of the governance token from World Liberty Financial.
https://twitter.com/Uni24_co_za/status/1938377220474786073
World Liberty Financial announced the deal in partnership with the Aqua1 Foundation. Both entities described the transaction as a step toward expanding blockchain infrastructure. The focus areas include tokenized real-world assets, decentralized finance, and stablecoin systems.
Aqua1 Becomes Leading WLFI Stakeholder
Aqua1 now surpasses Tron founder Justin Sun, who invested $30 million in the same token in 2023. The firm is a self-described Web3-native investment group operating across digital asset markets. Its leadership has shown interest in integrating traditional financial systems with blockchain technologies.
The WLFI platform is linked to former U.S. President Donald Trump through his three sons. Public filings show Trump holds over 15 billion WLFI tokens and earned $57.4 million from them in 2024.
Political Concerns Mount Over Crypto Dealings
U.S. lawmakers have raised concerns over the Trump family’s growing crypto ventures. These concerns surfaced after previous deals involving WLFI-connected stablecoins and Middle Eastern investors. In May, a UAE-based company revealed plans to settle a $2 billion Binance investment using WLFI’s USD1 stablecoin.
That announcement came as U.S. lawmakers began debating stablecoin regulations. It sparked criticism from senators worried about foreign influence in financial decision-making. During a recent Senate hearing, questions were raised about the Justice Department’s oversight of such investments.
No clear statements were issued by officials regarding the legality of the Trump-linked project. However, watchdog groups continue to monitor these transactions closely. The overlap of policymaking and private investments remains under investigation.
Trump Gains From Crypto Activity in 2024
Financial disclosures show Donald Trump earned $58 million from crypto ventures in 2024. This income came primarily from WLFI token sales. It was his second-highest income source after hospitality earnings.
Analysts expect the total to grow in 2025. A projected $390 million token sale and additional revenue from a meme coin launched in January could boost profits.
Trump’s crypto involvement also includes exposure to Bitcoin mining, tokenized securities, and digital ETFs. Critics argue that these ventures could pose ethical challenges if policy decisions impact their success. Recently, the SEC approved a filing from Trump Media and Technology Group. The registration involves a $2.3 billion plan tied to a Bitcoin treasury.
