- Aqua 1 invests $100M in WLFI to drive blockchain finance innovation.
- Partnership aims to tokenize real-world assets and bridge traditional and Web3 finance.
- Aqua Fund to launch in UAE, focusing on blockchain, AI, and Web3 ecosystem growth.
Aqua 1, a Web3 investment fund based in the UAE, has made a major move in the blockchain space. The fund has purchased $100 million worth of governance tokens from World Liberty Financial (WLFI). This move is in line with the plans that Aqua 1 has to assist the WLFI platform to steer through and facilitate the expansion of blockchain finance sector.
WLFI and Aqua 1 Bridge Traditional and Web3 Finance
This investment is seeking to accelerate the development of a new financial system based on blockchain, as the announcement depicts. The system will center on tokenization of Real World Assets (RWA), utilization of stablecoins, and blockchain development. These actions should increase the level of regulations on capital effectiveness globally.
Besides, the collaboration between Aqua 1 and WLFI is estimated to help to establish a good connection between conventional finance and decentralized systems. Through the collaboration, both parties will develop a highly superior marketplace where real-world assets can be tokenized easily. This promises to be a game changer to institutions willing to enter into the Web3 space.
Zak Folkman, the co-founder of WLFI, embraced the collaboration and indicated the common vision. He added that they share a passion to work with the team at Aqua 1 hand in hand. This contract demonstrates that we are moving towards the right direction in terms of financial innovation in the global front. He further remarked that they want to introduce more people to the world of digital assets, making their nation become a leading nation in the crypto and blockchain world.
Also, the joint venture will utilize the expertise of Aqua 1 in institutional banking. The two firms will collaborate to enhance the USD1 payment system by WLFI and so that it will be easy to use blockchain in everyday undertakings and finance.
WLFI and Aqua 1 Eye Emerging Markets Expansion
The Founding Partner of Aqua 1, Dave Lee, also discussed the long-term objectives. He said they will work with top blockchain projects to drive change. Moreover, WLFI’s RWA plans offer a strong chance to reshape global capital use. Together, they believe they can build a better financial system for everyone. In addition, they aim to combine traditional finance with blockchain technology for greater impact.
Aqua 1 will also help WLFI expand its operations beyond the U.S. The global teams will enable the fund to grow in South America, Europe, Asia, and emerging markets. The move will assist in accelerating the creation of the digital assets space across the globe.
The second major provision in the strategy entails opening the Aqua Fund in the UAE. The new fund will be supported by WLFI to improve the digital economy of the Middle East. The fund is going to be interested in blockchain, AI, and Web3 development, and it will also unite global investors, talents, and technology under one roof. To enhance accessibility by investors, the fund will list itself on a secondary trading platform in Abu Dhabi Global Market (ADGM).
Overall, the expansion of tokenized assets on a large scale is also likely, and more institutions might become a part of the decentralized finance world.
