WASHINGTONPOST (Matt Viser) - Trump family crypto firm sold major stake to UAE investment firm
The investment worth a reported $500 million gave Emirati-backed investors a 49 percent stake in World Liberty Financial, a Trump crypto company.
AI:The Trump family's crypto venture, World Liberty Financial, has finalized a massive deal selling a 49 percent stake to an investment firm backed by the United Arab Emirates for approximately $500 million. This significant infusion of capital from Emirati-backed investors marks a major development for the company following its recent acquisition of a banking charter via the Treasury Department. The move highlights the growing intersection between international finance and the Trump family's business interests as they continue to expand their presence in the digital asset sector.Open