More of the The Art of the Deal and more family business! 😊
"Sheikh Tahnoon bin Zayed al Nahyan, an Abu Dhabi royal and U.A.E. national security adviser, along with co-investors, owns a 49% stake in the holding company created to house World Liberty Financial’s banking venture, according to people familiar with the matter. The firm recently received preliminary regulatory approval to launch a national trust bank to manage USD1, a stablecoin with $4 billion in market value."
"... Sheikh Tahnoon bin Zayed al Nahyan and co-investors are behind an entity that owns the largest stake—49%—in the holding company that World Liberty Financial created to house its banking venture, according to people familiar with the matter. The sheikh last year backed a $500 million investment into World Liberty Financial in exchange for a 49% stake in the company, The Wall Street Journal previously reported. ..."
Trump Family’s New Crypto Bank Is Backed by Abu Dhabi Sheikh (behind paywall) "The Emirati ‘spy sheikh’ backs a 49% stake in the entity behind the new World Liberty bank"
President Trump was greeted by Sheikh Tahnoon bin Zayed al Nahyan, national security adviser of the United Arab Emirates, in Abu Dhabi last year.
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