UAE fund buys $100 million of Trump's World Liberty tokens
Source: Reuters
A United Arab Emirates-based fund has bought $100 million worth of digital tokens issued by World Liberty Financial, the crypto venture of U.S. President Donald Trump's family, becoming its largest publicly known investor.
Aqua 1 Foundation said in a statement on Thursday its purchase of the tokens, known as $WLFI, sought to speed up the creation of a "blockchain-powered financial ecosystem" with stablecoins and tokenised traditional assets at its heart.
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Despite its investment, Aqua 1 maintains a minimal online presence. Its X account has only three posts and approximately 1,120 followers while its website was created on May 28, according to data from two web domain trackers.
World Liberty also plans to support the launch of a separate Aqua 1 fund aimed at boosting the "digital economy transformation" in the Middle East through blockchain and artificial intelligence, the statement said.
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Read more: https://www.reuters.com/business/finance/uae-fund-buys-100-million-trumps-world-liberty-tokens-2025-06-27/
Nothing shady about this at all...

PSPS
(14,724 posts)LudwigPastorius
(12,973 posts)In related news, the UAE was named a Major Defense Partner of the U.S. a month ago.
This allows the country to receive more favorable weapons deals and access to advanced military technologies. (and it only cost a hundred million in Trump Coins)
https://www.defense.gov/News/Releases/Release/Article/4189772/joint-press-statement-on-us-uae-major-defense-partnership/
cliffside
(1,068 posts)Turbineguy
(39,140 posts)tanyev
(47,173 posts)Yes sir! Well ship you 5 Trump Wooden Nickels as soon as your payment arrives! Keep an eye out for a very small package in your mailbox.
😒
Figarosmom
(7,031 posts)I wonder how our military feels about being used as whores for the potus
IronLionZion
(49,479 posts)and promoted unqualified yes men, DUI hires, etc. who will do whatever he wants.
BadgerKid
(4,865 posts)Because a bribe would be illegal.
JoseBalow
(7,963 posts)
BaronChocula
(3,009 posts)And that really cheap quality chocolate at that.
Woodycall
(532 posts)That's how international organized criminals roll...