US President Donald Trump mentioned he was unaware of a reported multimillion-dollar funding by an Abu Dhabi royal into the crypto platform World Liberty Monetary, distancing himself from a deal that has drawn contemporary scrutiny over overseas affect and presidential household enterprise ties.
Key Takeaways:
- Trump mentioned he was unaware of a reported $500M UAE royal funding in World Liberty Monetary.
- WSJ reported an Abu Dhabi royal agreed to purchase a 49% stake within the crypto platform.
- The deal has drawn scrutiny over overseas affect and Trump household ties.
“I don’t find out about it,” Trump informed reporters on Monday when requested in regards to the transaction.
“My sons are dealing with that — my household is dealing with it,” he added. “I assume they get investments from completely different individuals.”
UAE Royal Agreed to Purchase 49% Stake in World Liberty Monetary
The feedback adopted a report by The Wall Road Journal that Sheikh Tahnoon bin Zayed Al Nahyan, a senior member of the United Arab Emirates royal household, agreed to amass a 49% stake in World Liberty Monetary for $500 million simply days earlier than Trump’s inauguration.
The Journal cited firm paperwork and other people conversant in the matter.
In accordance with the report, the funding was made by Aryam Funding 1, an entity backed by Sheikh Tahnoon, with an preliminary $250 million installment.
Of that quantity, $187 million was directed to Trump-family entities, whereas one other $31 million went to an entity linked to World Liberty Monetary co-founders Zak Folkman and Chase Herro.
If accomplished as described, the deal would make Aryam the biggest shareholder in World Liberty Monetary, a US-based crypto enterprise based by 9 people, together with Trump and his sons Donald Trump Jr., Eric and Barron.
JUST IN:
President Trump says he didn’t know Abu Dhabi invested $500 million in his World Liberty crypto mission.
"I don't find out about it. My sons are dealing with that, I assume they get investments from individuals." pic.twitter.com/AOBosetnpE— Bitcoin Black (@Bitcoinblacck) February 2, 2026
The construction has raised questions amongst lawmakers and commentators about governance and overseas capital publicity in an organization carefully related to the sitting president.
Sheikh Tahnoon maintains shut diplomatic ties with Washington and chairs Group 42, an Abu Dhabi-based synthetic intelligence conglomerate.
In December, Group 42 secured approval from the US Division of Commerce to buy superior chips from Nvidia and Superior Micro Gadgets, underscoring its standing with US regulators.
The reported funding has added to broader political debate over Trump’s crypto hyperlinks.
In January, Democratic Senator Elizabeth Warren urged federal banking regulators to pause consideration of World Liberty Monetary’s software for a financial institution constitution till Trump divests his stake.
The Workplace of the Comptroller of the Forex later rejected that request, saying the appliance would endure the identical “rigorous overview” as another and that political ties wouldn’t have an effect on the method.
Bitcoin Loses 25,000 Millionaire Addresses Regardless of Professional-Crypto Flip Below Trump
As reported, Bitcoin has shed roughly 25,000 millionaire addresses within the 12 months since Donald Trump returned to the White Home, at the same time as US coverage shifted towards a extra crypto-friendly stance.
Blockchain knowledge reveals the variety of addresses holding a minimum of $1 million in BTC fell about 16% 12 months over 12 months, suggesting regulatory optimism has not translated into sustained on-chain wealth progress.
The pullback was much less extreme among the many largest holders. Addresses with greater than $10 million in Bitcoin declined by about 12.5%, indicating that top-tier buyers have been higher in a position to face up to worth volatility, whereas wallets close to the millionaire threshold have been extra uncovered to market swings.
A lot of the rise in Bitcoin millionaire addresses occurred earlier than Trump took workplace, pushed by a late-2024 rally fueled by election-related optimism and expectations of deregulation.
The publish Trump Says He Was Unaware of $500M UAE Funding in World Liberty Monetary appeared first on Cryptonews.