An Abu Dhabi royal linked to Sheikh Tahnoon bin Zayed Al Nahyan agreed to acquire a 49 percent stake in World Liberty Financial, a crypto venture associated with the Trump family, for $500 million, according to a Wall Street Journal report.
The deal was signed days before Donald Trump’s inauguration and included an initial $250 million payment. Portions of the funds were directed to Trump family-linked entities and other stakeholders.
The report underscores the growing intersection of geopolitics, private capital and crypto ventures at a global level.
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