aqua1

ChainCatcher news, according to U.today, the modular blockchain platform MovaChain, designed for global payment scenarios, announced today the completion of strategic financing, with a post-investment valuation of $100 million. This round was co-led by the Aqua1 Foundation and UAE's GeoNova Capital, with participation from other top financial institutions in Abu Dhabi.Among them, the Aqua1 Foundation is a leading Web3 investment fund in the UAE that focuses on blockchain infrastructure, financial protocols, and the tokenization of real assets. It gained significant attention for investing $100 million in the crypto platform World Liberty Financial, supported by the Trump family. Meanwhile, GeoNova Capital is a fund established through investments from Standard Chartered Bank, several UAE institutions, and family offices, focusing on practical investments in high-growth areas, collaborating widely with sovereign funds, family offices, and private equity to achieve long-term value creation through deep involvement.This financing will help MovaChain comprehensively advance three strategic priorities: building modular, high-performance infrastructure to meet the institutional-level application needs globally; expanding the global payment network and stablecoin settlement solutions to connect multi-dimensional payment channels; and accelerating ecosystem development through global cooperation with governments, financial institutions, enterprises, and developers.Mova co-founder Stephen Wong stated, "Gaining recognition from the most strategically-minded investment institutions in the UAE is a strong endorsement of our efforts to build institutional-grade, scalable blockchain infrastructure for global payment scenarios." MovaChain is redefining Web3 infrastructure with its modular architecture, high performance, and global payment capabilities, creating a trusted foundation for the next generation of the digital economy.

ChainCatcher news, Aqua1 Foundation released a statement in response to recent rumors about its team and operations. The statement pointed out that Dave Lee joined Aqua1 in April 2025 as co-founder and CEO, and the team is highly aligned with his long-term vision. Aqua1 emphasized that the company operates independently and has no equity, financial, or operational ties with any unrelated entities. The team is currently collaborating with institutions in the Middle East to advance projects, but some details have not been disclosed due to compliance requirements.Previously, news reported that ZOOMER: the unknown company Aqua 1 donated $100 million to WLFI, which was revealed to be Web3Port.