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Abu Dhabi Stake in WLFI Bank
The Trump Family's Crypto Bank Is Reportedly Half-Owned by Abu Dhabi's Security Chief
UAE National Security Adviser Sheikh Tahnoon bin Zayed holds roughly a 49% stake in the Trump family's planned crypto bank tied to World Liberty Financial, per a Wall Street Journal report relayed across multiple outlets. Coverage framed the arrangement as raising foreign-ownership and conflict-of-interest questions around US financial infrastructure connected to the president's family; Tahnoon also chairs MGX, the Abu Dhabi fund whose $2 billion Binance investment was settled in WLFI's USD1 stablecoin — the same coin that went native on the Canton settlement network a day earlier.
6 sources
- The Foreign Owners Behind Trump’s $4 Billion Stablecoin Bank · beincrypto.com · T2
- WSJ: Trump Family Crypto Bank Backed by Abu Dhabi Royal · wsj.com · T2
- Is Abu Dhabi’s Sheikh Tahnoon Taking a 49% Stake in Donald Trump’s World Liberty Financial? · coingape.com · T2
- Sheikh Tahnoon bin Zayed Al Nahyan backs World Liberty Financial’s US bank stake · cryptobriefing.com · T2
- WSJ: UAE National Security Adviser Holds 49% Stake in Trump Family Crypto Project WLFI · panewslab.com · T2
- THE BLOCK: UAE 'spy sheikh' takes 49% stake in Trump family's bank venture · theblock.co · T2