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A recent Reuters investigation has shed light on one of the most intriguing developments in the intersection of politics and digital assets: a little-known entity called Aqua 1 Foundation has emerged as the largest publicly identified investor in Donald Trump’s crypto venture, World Liberty Financial.
In June, Aqua 1 announced it had acquired $100 million worth of World Liberty tokens – yet public records reveal almost nothing about who is behind this investment.
NeosLegal Associate Zainab Kamran, who specializes in advising on digital asset regulation in the UAE, provided her perspective on the challenges of transparency and compliance in this context.
“Crypto funds seeking to register in the UAE typically choose Abu Dhabi Global Market, the Dubai International Finance Centre or the UAE’s Securities and Commodities Authority. Registration typically takes between six and 12 months for crypto funds, with funds gravitating towards Abu Dhabi because of its well-developed crypto framework and focus on institutional finance.
The bar is very high.”
While Aqua 1 describes itself as a Web3-focused fund with a global outlook, Reuters was unable to confirm any regulatory filings, licenses, or credible public information on its founders.
This story underscores the complexity and the risks of high-value crypto investments in rapidly evolving jurisdictions.
Read the full article for detailed insights into this case and its implications for the broader crypto ecosystem.
