🇦🇪 Almost half of Trump’s crypto-banking company is owned by entities linked to the UAE sheikh

The WSJ uncovered an interesting setup: entities associated with Sheikh Tahnoun bin Zayed Al Nahyan control 49% of the WLTC Holdings holding company, through which World Liberty Financial ($WLFI ) is developing its banking business. The Trump family’s entities hold another 38%.

And this isn’t just a wealthy investor.

Tahnoun is the brother of the UAE president and a country’s national security adviser. In 2025, the entity associated with him approved an investment of $500 million in World Liberty Financial; according to the WSJ, $187 million from the initial payment went to the Trump family entities.

Now this story is moving to the next level: a foreign top official has become the largest investor in a structure that is aiming to serve as an American crypto bank.

I’ve already seen plenty of strange ownership structures in crypto. But when you put Trump, a sheikh, an American banking charter, and $500 million in the same line, Excel starts looking like a political thriller. If you want to break down such arrangements without conspiracy theories and fanfare—subscribe to @MoonMan567