UAE royal buys 49% stake in Trump-linked crypto firm, drawing scrutiny
The Wall Street Journal reports Sheikh Tahnoon bin Zayed Al Nahyan acquired a $500 million, 49% stake in World Liberty Financial, the Trump family’s crypto venture, via Aryam Investment, making it the largest shareholder after the founders. The move occurred ahead of a U.S. decision to allow UAE access to Nvidia AI chips, sparking questions in Congress about conflicts of interest and national security implications.