Dubai, 30 June 2025: A report published by Reuters stated that an investment fund based in Dubai has purchased $100 million worth of digital tokens issued by World Liberty Financial, the crypto venture affiliated with U.S. President Donald Trump’s family, making it the largest publicly known investor in the project.
The report mentioned that Aqua 1 Foundation said its purchase of the tokens, known as $WLFI, aims to accelerate the creation of a “blockchain-powered financial ecosystem” centered on stablecoins and tokenized traditional assets.
A spokesperson for World Liberty confirmed the investment to Reuters, noting that the $WLFI token, which serves as a governance token, is currently non-transferable but grants holders the right to vote on changes to the system’s underlying code. The company also stated it is working behind the scenes to enable the token’s transferability in the future.
The report cited Aqua 1’s founding partner, Dave Lee, saying that both organizations will work together to identify and nurture promising blockchain projects. He added that the fund’s investment and compliance teams would support World Liberty’s expansion in South America, Europe, and Asia.
Despite this substantial investment, Aqua 1 maintains a limited digital presence, with only three posts on its X (formerly Twitter) account and about 1,120 followers, while its website was created on May 28, according to domain tracking data.
The report also noted that World Liberty plans to support the launch of a new Aqua 1 fund aimed at advancing the “digital economy transformation” in the Middle East through blockchain and artificial intelligence technologies.
World Liberty was launched two months before the 2024 U.S. presidential election by Trump and his partners and has generated hundreds of millions of dollars in revenue for the family business.
The project has faced criticism from Democratic lawmakers and government ethics watchdogs over potential conflicts of interest. The Trump Organization has stated that the president’s investments and assets are held in a trust managed by his children.
World Liberty seeks to provide access to financial services through digital tokens without intermediaries such as banks. It has launched a stablecoin called USD1, which gained support in May when an Abu Dhabi investment firm selected it for a $2 billion investment in the global crypto exchange Binance.
