Aqua1 claims the team operates independently and denies any connection with Web3port

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According to ChainCatcher, Aqua1 Foundation released a statement addressing recent rumors about its team and operations. The statement noted that Dave Lee joined Aqua1 in April 2025 as a co-founder and CEO, with the team being highly aligned with its long-term vision. Aqua1 emphasized that the company operates independently and has no equity, financial, or operational connections with any unrelated entities. Currently, the team is collaborating with Middle Eastern institutions to advance the project, though some details remain undisclosed due to compliance requirements.

Previously, ZOOMER reported: An unknown company, Aqua1, which donated $100 million to WLFI, was revealed to be Web3Port

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