Abu Dhabi Royal Acquires 49% Stake in Trump Family's Crypto Firm for $500 Million, Reports WSJ

2026/02/02 12:08 (Updated 2026/02/03 05:01)
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Written by Enzo
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Abu Dhabi Royal Acquires 49% Stake in Trump Family's Crypto Firm for $500 Million, Reports WSJ

Concerns Over Potential Conflicts of Interest

According to a February 1st report by The Wall Street Journal (WSJ), an associate of Tahnoun bin Zayed Al Nahyan, the UAE's National Security Advisor, signed a deal to acquire 49% of the cryptocurrency company World Liberty Financial (WLFI), owned by the Trump family, for $500 million (approximately 75 billion yen) just four days before President Trump took office. Details of the transaction indicate that the buyer paid half of the purchase price upfront, with $187 million of this amount transferred to a Trump family-related company. Additionally, at least $31 million was directed to the U.S. Middle East envoy...

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MAGAZINE

Iolite Vol.19

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