According to The Wall Street Journal, Sheikh Tahnoon bin Zayed al Nahyan, the UAE’s National Security Advisor, along with his investment partners, holds the largest stake of 49% in the newly established bank holding company of World Liberty Financial, the cryptocurrency project backed by the Trump family. The sheikh previously acquired a 49% equity stake in World Liberty Financial for $500 million last year. World Liberty Financial is currently actively preparing to launch its banking services.
Abu Dhabi Sheikh Acquires 49% Stake in the Trump Family’s Crypto Bank
TechFlowShare
Summary
Sheikh Tahnoon bin Zayed Al Nahyan and other investors now hold 49% of the holding company for World Liberty Financial, a Trump-family crypto project. The sheikh previously acquired a 49% stake in the firm for $500 million in 2023. The company is preparing to launch banking services. News surrounding real-world assets (RWA) continues to attract significant attention in the crypto space.
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