Abu Dhabi royal backs 49% stake in Trump-linked crypto bank venture: WSJ
Aug 28 2026 04:35 UTC
StringZ Holding reportedly owns 49% of the holding company behind World Liberty Trust Company, while a Trump family affiliate owns another 38%.
➤ An Abu Dhabi royal, through StringZ Holding, reportedly backs a 49% stake in the holding company of World Liberty Trust Company, a proposed US trust bank.
➤ A Trump family affiliate owns another 38% of the holding company, which aims to manage World Liberty's USD1 stablecoin under federal supervision.
➤ The bank has received preliminary approval from the OCC, but final approval is pending, and past backing by the royal has drawn scrutiny from US senators.
Read more at: https://rwatimes.io/articles/coinmarketcap-abu-dhabi-royal-backs-49-stake-in-trump-linked-crypto-bank-venture-wsj-4045434151?utm_source=binance
Aug 28 2026 04:35 UTC
StringZ Holding reportedly owns 49% of the holding company behind World Liberty Trust Company, while a Trump family affiliate owns another 38%.
➤ An Abu Dhabi royal, through StringZ Holding, reportedly backs a 49% stake in the holding company of World Liberty Trust Company, a proposed US trust bank.
➤ A Trump family affiliate owns another 38% of the holding company, which aims to manage World Liberty's USD1 stablecoin under federal supervision.
➤ The bank has received preliminary approval from the OCC, but final approval is pending, and past backing by the royal has drawn scrutiny from US senators.
Read more at: https://rwatimes.io/articles/coinmarketcap-abu-dhabi-royal-backs-49-stake-in-trump-linked-crypto-bank-venture-wsj-4045434151?utm_source=binance