Aqua1 Foundation makes large-scale investment in WLFI…Amounting to $100 million
Summary
- The Aqua1 Foundation has announced that it plans to make a $100 million investment in World Liberty Financial (WLFI).
- The Aqua1 Foundation stated its plan to establish a strategic partnership by purchasing WLFI tokens.
- WLFI reported that, based on this partnership, it will support the launch of the UAE-based fund 'Aqua Fund.'
Web3 fund manager Aqua1 Foundation will invest $100 million (approximately ₩140,000,000,000) in the cryptocurrency project World Liberty Financial (WLFI), associated with the Trump family.
According to Reuters and others on the 26th (local time), the Aqua1 Foundation announced a strategic investment plan in World Liberty Financial on this day. Specifically, the Aqua1 Foundation plans to purchase World Liberty Financial tokens worth $100 million to form a partnership with World Liberty Financial.
Based on this partnership, World Liberty Financial intends to support the launch of Aqua1's UAE-based fund, 'Aqua Fund.' Dave Lee, founding partner of Aqua1, stated, "We plan to jointly discover and foster high-potential blockchain projects with World Liberty Financial."
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
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