Aqua 1 Invests $100M in WLFI
UAE-based Web3 investment fund, Aqua 1, has announced a $100 million investment in World Liberty Financial (WLFI) governance tokens. This strategic move aims to accelerate the development of blockchain finance, specifically focusing on tokenizing real-world assets (RWAs) and bridging the gap between traditional and decentralized finance (DeFi).
Bridging Traditional and Web3 Finance
The partnership between Aqua 1 and WLFI seeks to create a more efficient financial system leveraging blockchain technology. Key initiatives include tokenizing RWAs, utilizing stablecoins, and advancing blockchain development. This collaboration aims to enhance global capital efficiency and regulatory compliance. The joint effort will also build a superior marketplace for easy tokenization of real-world assets, attracting institutions to the Web3 space.
Zak Folkman, co-founder of WLFI, highlighted the shared vision of both organizations, emphasizing their commitment to financial innovation. He stated that the partnership represents a significant step toward introducing more people to digital assets and establishing their nation as a leader in the crypto and blockchain world. The collaboration will leverage Aqua 1's institutional banking expertise to enhance WLFI's USD1 payment system, making blockchain technology more accessible for everyday transactions.
Global Expansion and the Aqua Fund
Dave Lee, Founding Partner of Aqua 1, outlined the long-term goals, emphasizing their commitment to partnering with leading blockchain projects to drive positive change. He highlighted WLFI's RWA plans as a catalyst for reshaping global capital usage. Aqua 1 will assist WLFI in expanding operations globally, including South America, Europe, Asia, and emerging markets.
Furthermore, Aqua 1 will launch the Aqua Fund in the UAE, supported by WLFI to bolster the Middle East's digital economy. The fund will focus on investments in blockchain, AI, and Web3 development, connecting global investors, talent, and technology. For enhanced investor accessibility, the fund will be listed on a secondary trading platform within the Abu Dhabi Global Market (ADGM).
This significant investment is expected to drive large-scale adoption of tokenized assets and encourage further institutional participation in the DeFi ecosystem. Codeum, a blockchain security and development platform, offers services including smart contract audits, KYC verification, custom smart contract and DApp development, tokenomics and security consultation, and partnerships with launchpads and crypto agencies, to ensure the security and success of projects like WLFI.