BlockBeats report, on August 28, Tahnoon bin Zayed al Nahyan, a member of the Abu Dhabi royal family and UAE National Security Advisor, along with co-investors, holds a 49% stake in WLTC Holdings, the holding company for World Liberty Financial’s new banking business, making it the largest shareholder; entities associated with the Trump family hold approximately 38%.
This month, the U.S. Office of the Comptroller of the Currency provisionally approved World Liberty’s application to establish a national trust bank for issuing, redeeming, and custodianship of its stablecoin, USD1. Last year, Tahnoon invested $500 million in World Liberty through another entity, acquiring a 49% stake, with approximately $263 million flowing to entities associated with the Trump family. (WSJ)

