UAE's Tahnoon bin Zayed holds 49% stake in Trump family's planned crypto bank
The Wall Street Journal reports that Sheikh Tahnoon bin Zayed al Nahyan, the UAE's national security advisor, and co-investors control a 49% stake through StringZ Holding RSC in WLTC Holdings, the parent company of a planned Trump-linked crypto bank. A Trump family-affiliated entity holds an additional 38% stake. Tahnoon previously invested $500 million in World Liberty Financial, another Trump-backed crypto venture, in January 2025.
GoKawiil's interpretation of the reporting above, not reported fact.
The arrangement extends a pattern of foreign capital flowing directly into businesses tied to a sitting U.S. president, raising conflict-of-interest concerns given Tahnoon's role as a top security official in a country with significant strategic and defense dealings with Washington. It also underscores how crypto ventures have become a vehicle for foreign entities to build financial relationships with the Trump family during his second term.
- StringZ Holding RSC, linked to Sheikh Tahnoon bin Zayed, owns 49% of WLTC Holdings, parent of Trump's planned crypto bank.
- Trump family entities hold an additional 38% stake in the same holding company.
- Tahnoon previously put $500 million into World Liberty Financial, another Trump-linked crypto firm, in January 2025.
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Published there as: “UAE ‘spy sheikh’ backs 49% stake in Trump family’s crypto bank venture, WSJ reports”
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