President Trump’s Crypto Firm World Liberty Financial Sells 49% Stake, Here’s Who Bought

This was a massive financial deal.

An investigative report by the Wall Street Journal has revealed that President Trump’s cryptocurrency firm, World Liberty Financial, sold a 49% stake in its company.

The buyer, according to the report, did not contribute to any one individual but rather an investment firm that is connected to a UAE royal.

ABC News provided further details in the massive deal:

President Donald Trump’s cryptocurrency firm, World Liberty Financial, sold a $500 million stake to a member of the Emirati royal family shortly before his inauguration last January, The Wall Street Journal reported on Saturday, sparking concerns over a potential conflict of interest.

According to the Journal, which reviewed undisclosed corporate documents, a firm associated with Sheikh Tahnoon bin Zayed Al Nahyan, an Abu Dhabi royal who operates an enormous state investment fund, purchased a 49% stake in World Liberty, which is co-owned by Middle East envoy Steve Witkoff and his family, just four days before the Trump administration swept into office.

Months later, the Trump administration agreed to supply the UAE with highly coveted American-made AI chips despite the prior administration’s concern that they may fall into the hands of the Chinese.

David Wachsman, a spokesperson for World Liberty Financial, acknowledged the existence of the deal in a statement to ABC News, but insisted that “neither President Trump nor Steve Witkoff had any involvement whatsoever in this transaction” and that “any claim that this deal had anything to do with the Administration’s actions on chips is 100% false.”

Here was President Trump’s response when he was asked about the deal:

JUST IN: 🇺🇸🇦🇪 President Trump says he did not know Abu Dhabi invested $500 million in his World Liberty crypto project.

“I don’t know about it. My sons are handling that, I guess they get investments from people.” pic.twitter.com/U1pilMuxeW

— Watcher.Guru (@WatcherGuru) February 2, 2026

The New York Post reported the deal was signed by Eric Trump:

The deal – which was signed by Eric Trump, the president’s son – would pay $187 million to the Trump family upfront, according to the Journal.

It would also set aside $31 million for entities affiliated with the family of Steve Witkoff, a World Liberty co-founder and Trump’s longtime golfing buddy who was named US envoy to the Middle East just a few weeks prior, according to the report.

It raised questions around whether the deal violates the emoluments clause of the Constitution, which blocks the president from receiving profits from foreign governments through his businesses, The Journal noted.

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