UAE Security Chief Holds 49% Stake in Trump Family’s Crypto Bank
The Wall Street Journal reports that Sheikh Tahnoon bin Zayed al Nahyan, the UAE’s national security advisor, controls a 49% stake in the holding company for World Liberty Financial’s planned bank. This follows a $500 million investment in January 2025, which directed $263 million to Trump family entities. The venture recently received conditional federal approval to issue the USD1 stablecoin, raising concerns about conflicts of interest amid ongoing U.S.-UAE chip negotiations.