"If Aqua 1 Foundation has been working with World Liberty Financial since the president’s primary crypto venture launched in September 2024, there’s little to no evidence of the relationship in the public record. Trump did travel to the UAE in May 2025, where he announced “over $200 billion in commercial deals between the United States and the United Arab Emirates.” Two weeks later, someone began registering websites and social media accounts for Aqua 1 Foundation.
The president’s latest crypto benefactors, whoever they turn out to be, stand to gain enormously from their $100 million investment. Until now, the $WLFI token has only been a “governance token,” granting its holders the right to vote on proposed changes to the World Liberty Financial platform. But the token itself has been nontransferrable—meaning that anyone buying it was putting money into a token that couldn’t be sold or moved. That’s about to change. World Liberty Financial recently put out a vote to “unlock” $WLFI tokens, allowing them to be moved between wallets—a change that won the fulsome support from the current holders of $WLFI. Soon, $WLFI will be tradable on public markets, and its early backers will be able to cash out—ensuring, in turn, that the most flagrantly corrupt president in American history will once again line his pockets."
https://www.thenation.com/article/archive/trump-crypto-world-liberty-financial-aqua-1-foundation/#
#USA#Trump#Crypto#Cryptocurrencies#Aqua1Foundation#WLFI#Kleptocracy
![Trump business interests
Aqua 1 Foundation, a United Arab Emirates-based crypto fund, has spent $100 million to acquire WLFI tokens, the token issued by the Trump family’s World Liberty Financial Project, and cultivate a close relationship with the Trumps. They have just surpassed shady crypto billionaire Justin Sun and his $75 million investment to become the single largest holder of WLFI tokens.1 World Liberty also profited massively last month from a deal in which Emirati investment firm MGX used the company’s USD1 stablecoin to perform a $2 billion investment into Binance [I83]. In a press release, Aqua 1 claimed that they and World Liberty would work closely to “jointly identify and nurture high-potential blockchain projects”, and said that World Liberty “plans to support the launch of Aqua 1’s Aqua Fund — a UAE-domiciled investment fund ... dedicated to accelerating the Middle East’s digital economy transformation”.2 For all Trump likes to talk about “America First” crypto projects, his businesses are looking very UAE-first.
World Liberty also just announced a partnership with London-based Re7 Capital, a decentralized hedge fund backed by the Hong Kong multi-family office VMS Group. The partnership aims to increase USD1 uptake on BNB Chain, the blockchain run by Binance.3 Connections between Binance and Trump have already been controversial, with Democratic Senators Warren, Durbin, and Blumenthal writing a May letter requesting information on Trump’s connections to](https://media.hachyderm.io/media_attachments/files/114/779/560/270/449/469/original/87fde2170672ab78.png)
