Aqua1 denies association with Web3port: the team operates independently, Dave Lee joined as co-founder and CEO in April.
PANews, July 15th news, Aqua1 Foundation issued a statement in response to recent rumors about its team and operations. The statement said that Dave Lee joined Aqua1 as a co-founder and CEO in April 2025, and is highly aligned with the team's long-term vision. Aqua1 emphasized its independent operation, with no equity, financial, or operational ties to any unrelated entities. The team is collaborating with institutions in the Middle East to advance projects, but some details have not been disclosed due to Compliance requirements.
According to previous news, Aqua invested 100 million USD in WLFI governance tokens.