US President Donald Trump has denied information of a reported multi-million greenback deal between his household and the Abu Dhabi royal household for a big stake within the World Liberty Monetary cryptocurrency platform.
Requested about his involvement within the deal, President Trump advised reporters on Monday: “I do not find out about that.”
Trump added, “My sons are coping with it, and my household is coping with it.” “I believe they’re getting funding from lots of totally different individuals.”
Simply earlier than: 🇺🇸🇦🇪 President Trump stated he did not know Abu Dhabi had invested $500 million within the World Liberty crypto venture.
“I do not find out about that. My sons are coping with it. I believe they’re in all probability getting investments from individuals.” pic.twitter.com/AOBosetnpE
— Bitcoin Black (@Bitcoinblacck) February 2, 2026
The Wall Road Journal reported on Saturday that Sheikh Tahnoun bin Zayed Al Nahyan, a member of the UAE’s Abu Dhabi royal household, had purchased a 49% stake in Abu Dhabi. $WLFI It was bought for $500 million 4 days earlier than Trump’s inauguration.
WSJ reporting relies on: $WLFI Documentation and feedback from individuals conversant in the matter.
The preliminary funding from Ayam Funding 1, an organization backed by Tahnoun, was reported to be $250 million, of which $187 million went to Trump household entities.
One other $31 million was directed to teams related to two of WLF’s founders, Zach Folkman and Chase Herro.
With this settlement, Ariam $WLFIhas raised considerations about overseas affect within the U.S. cryptocurrency firm, which has shut ties to the president, who’s the biggest shareholder and one of many 9 $WLFI He was a co-founder alongside along with his sons Donald Trump Jr., Eric, and Barron.
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Sheikh Tahnoun maintains diplomatic relations with america and is chairman of Group of 42. Group 42, an Abu Dhabi-based AI conglomerate, acquired approval from the U.S. Division of Commerce in December to purchase superior chips from Nvidia and Superior Micro Units.
Senator criticizes Trump’s cryptocurrency ties
Report on Sheikh Tahnoun’s funding $WLFI President Trump’s relationship with cryptocurrencies could come beneath elevated scrutiny from regulators and the media.
In January, Democratic Sen. Elizabeth Warren requested the nation’s banking regulators to chorus from contemplating World Liberty Monetary’s bid for banking constitution till President Trump relinquishes his pursuits in crypto platforms.
The Workplace of the Comptroller of the Forex later rejected Warren’s bid, saying political or private monetary ties wouldn’t have an effect on procedural opinions and that it might be topic to the identical “rigorous overview” as different functions.
$WLFI Spokesperson David Waxman echoed related sentiments to Bloomberg.
“The concept that privately held American corporations needs to be held to distinctive requirements that don’t apply to different related corporations when elevating capital is absurd and un-American.”
