Trump Says He Was Unaware of $500M UAE Investment in World Liberty Financial

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 Financial, distancing himself from a deal that has drawn recent scrutiny over overseas affect and presidential household enterprise ties.

“I don’t learn about it,” Trump told 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 totally different individuals.”

UAE Royal Agreed to Buy 49% Stake in World Liberty Financial

The feedback adopted a report by The Wall Street Journal that Sheikh Tahnoon bin Zayed Al Nahyan, a senior member of the United Arab Emirates royal household, agreed to acquire a 49% stake in World Liberty Financial for $500 million simply days earlier than Trump’s inauguration.

The Journal cited firm paperwork and other people aware of the matter.

According to the report, the funding was made via Aryam Investment 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 Financial co-founders Zak Folkman and Chase Herro.

If accomplished as described, the deal would make Aryam the most important shareholder in World Liberty Financial, 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 venture.

“I do not learn 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 Department of Commerce to buy superior chips from Nvidia and Advanced Micro Devices, 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 Financial’s software for a financial institution constitution till Trump divests his stake.

The Office of the Comptroller of the Currency later rejected that request, saying the appliance would endure the identical “rigorous assessment” as every other and that political ties wouldn’t have an effect on the method.

Bitcoin Loses 25,000 Millionaire Addresses Despite Pro-Crypto Turn Under Trump

As reported, Bitcoin has shed roughly 25,000 millionaire addresses in the yr since Donald Trump returned to the White House, at the same time as US coverage shifted towards a extra crypto-friendly stance.

Blockchain information exhibits the quantity of addresses holding at the least $1 million in BTC fell about 16% yr over yr, suggesting regulatory optimism has not translated into sustained on-chain wealth development.

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 traders have been higher capable of stand up to value volatility, whereas wallets close to the millionaire threshold have been extra uncovered to market swings.

Much 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 submit Trump Says He Was Unaware of $500M UAE Investment in World Liberty Financial appeared first on Cryptonews.