Abu Dhabi royal backs 49% stake in Trump-linked crypto bank venture: WSJ
Sheikh Tahnoon’s group reportedly backs a 49% stake in the holding company behind World Liberty’s conditionally approved US trust bank.
Abu Dhabi's Sheikh Tahnoon bin Zayed Al Nahyan is reportedly the largest investor in a proposed US trust bank linked to Trump. His group holds a 49% stake in the holding company behind World Liberty Financial's US trust bank, according to the Wall Street Journal. The trust bank aims to manage World Liberty's USD1 stablecoin. A US entity affiliated with Trump's family owns the remaining 38% stake. If approved, the bank would operate under federal supervision.
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