Abu Dhabi Firm Acquires 49% Stake in Trump-Linked Crypto Startup for $500M

An Abu Dhabi entity backed by Tahnoon has secured a $500M stake in a Trump-affiliated crypto startup ahead of the presidential election.

An Abu Dhabi-based company, which is supported by Tahnoon bin Mohammed bin Zayed Al Nahyan, is said to have finalized an agreement to acquire a 49% share of World Liberty Financial for a substantial $500 million. This deal comes just days prior to Donald Trump's anticipated return to the White House.