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Post #9098
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π° UAE sheikh buys 49% of World Liberty Financial for $500M
Just four days before Trumpβs inauguration, Abu Dhabiβlinked entities quietly acquired a 49% stake in crypto project World Liberty Financial ($WLFI) for $500M.
About $187M reportedly went directly to Trump family structures. At least another $31M went to companies affiliated with project co-founder Steve Witkoff.
The investor was Sheikh Tahnoon bin Zayed, one of the most powerful figures in the UAE and a key lobbyist for access to US AI chips.
This deal stands out.
A foreign government official secured a major stake in a business tied to a future US president.
Hard to call it just a crypto investment.
β Subscribe to @cryp
Just four days before Trumpβs inauguration, Abu Dhabiβlinked entities quietly acquired a 49% stake in crypto project World Liberty Financial ($WLFI) for $500M.
About $187M reportedly went directly to Trump family structures. At least another $31M went to companies affiliated with project co-founder Steve Witkoff.
The investor was Sheikh Tahnoon bin Zayed, one of the most powerful figures in the UAE and a key lobbyist for access to US AI chips.
This deal stands out.
A foreign government official secured a major stake in a business tied to a future US president.
Hard to call it just a crypto investment.
β Subscribe to @cryp
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