An investment firm based in the United Arab Emirates has bought $100 million worth of WLFI governance tokens — the native token of World Liberty Financial, a crypto company co-founded by U.S. President Donald Trump’s three sons.

World Liberty Financial and Aqua1 Foundation announced the deal Thursday, calling it a step toward building a blockchain ecosystem focused on real-world asset tokenization, stablecoins, and capital markets integration. The deal makes Aqua1 the largest WLFI tokenholder, overtaking Tron founder Justin Sun, who invested $30 million last year.

Aqua1’s Dave Lee said the two groups will collaborate on blockchain projects that combine traditional finance and decentralized infrastructure. He called WLFI’s ecosystem a “trillion-dollar opportunity.”

Trump disclosed $57.4 million in WLFI-related income and personally holds 15.75 billion WLFI tokens. The platform is already under political scrutiny in the U.S. due to these direct ties to the Trump family.

In May, Eric Trump said MGX, an Abu Dhabi-based firm, would use WLFI’s USD1 stablecoin to settle a $2 billion investment in Binance. That deal drew further criticism from lawmakers, especially as Congress is in the middle of debating stablecoin legislation.

At a Senate hearing this week, Senator Jeff Merkley questioned U.S. Attorney General Pam Bondi about the president’s involvement in WLFI. Bondi avoided giving a direct answer. Merkley warned against foreign influence being funneled through crypto tied to elected officials.

Lawmakers are considering new rules under the GENIUS Act and other proposals that would block sitting presidents from investing in digital assets. The WLFI situation has put a spotlight on the growing concern over political conflicts in the crypto industry.