BlockRock incubated with strategic backing from Aqua1 & WLFI
$100M Power Play: UAE’s Company Dives Into Trump-Linked WLFI
The UAE-based Web3 investment fund Aqua1 Foundation said on Thursday that it has acquired $100 million worth of governance tokens in World Liberty Financial (WLF), securing its place as the biggest individual investor in the controversial cryptocurrency business that is intimately associated with the Trump family . Aqua1 is a private digital asset fund backed by political insiders and family offices. The transaction raises further concerns about foreign influence and conflicts of interest around the decentralized finance platform as it is the second significant Middle Eastern investment in WLF in as many months.
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The Middle East Company has substantial voting rights over WLF's future development as a result of the investment. The funding would expedite WLF's aims to develop blockchain-powered financial applications, such as growing its USD1 stablecoin and creating platforms for tokenizing conventional assets like commodities or real estate, the joint statement said.
BlockRock is now officially backed by both Aqua1 Foundation and World Liberty Financial
BlockRock has secured strategic incubation from Aqua1 Foundation and World Liberty Financial, marking a significant milestone in the evolution of institutional RWA infrastructure. This partnership aims to unlock a new era where real-world assets flow on-chain seamlessly, transparently, and at global scale. BlockRock's partnership is not just capital, but deep strategic alignment and shared conviction in a decentralized financial future.
The collaboration also aims to assist the launch of "Aqua Fund," a digital economy investment vehicle with a UAE domicile and support from regional players, as well as co-develop "BlockRock," an institutional real-world asset (RWA) tokenization platform.
"Aligning with company validates the blueprint for global financial innovation," Zak Folkman, a co-founder of WLF, stated. "We share the goal of making digital assets accessible to the general public and enhancing our country's reputation as a cryptocurrency leader and champion."
Aqua1's founding partner Dave Lee highlighted that WLF's USD1 ecosystem is a "trillion-dollar structural pivot opportunity" that combines decentralized technology and traditional finance.
Partnership will accelerate USD1 stablecoin and RWA tokenization.
Both are partnering to synergize USD1 stablecoin infrastructure , aiming to promote blockchain-native financial operations across commercial payment gateways and treasury management systems. The partnership extends beyond the U.S. market, with company's global investment and compliance teams helping WLFI expand its digital asset ecosystem. WLFI will support the launch of the Aqua Fund, a UAE-based investment fund focused on accelerating the Middle East's digital economy transformation. The fund will also partner with a secondary trading venue to facilitate secondary market liquidity for investors.
WLFI co-founded by Trump’s sons, raising political influence concerns
US politicians are already looking closely at World Liberty because of the Trump family's ties to the company. The company was co-founded by Trump's three sons, and the president revealed in June that he personally owned 15.75 billion governance tokens and received $57.4 million in profits from WLFI.
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