US President Donald Trump has denied knowledge of a reported multi-million dollar deal between his family and the Abu Dhabi royal family for a large stake in the World Liberty Financial cryptocurrency platform.
Asked about his involvement in the deal, President Trump told reporters on Monday: “I don’t know about that.”
Trump added, “My sons are dealing with it, and my family is dealing with it.” “I think they’re getting investment from a lot of different people.”
Just before: 🇺🇸🇦🇪 President Trump said he didn’t know Abu Dhabi had invested $500 million in the World Liberty crypto project.
“I don’t know about that. My sons are dealing with it. I think they’re probably getting investments from people.” pic.twitter.com/AOBosetnpE
— Bitcoin Black (@Bitcoinblacck) February 2, 2026
The Wall Street Journal reported on Saturday that Sheikh Tahnoun bin Zayed Al Nahyan, a member of the UAE’s Abu Dhabi royal family, had bought a 49% stake in Abu Dhabi. $WLFI It was sold for $500 million four days before Trump’s inauguration.
WSJ reporting is based on: $WLFI Documentation and comments from people familiar with the issue.
The initial investment from Ayam Investment 1, a company backed by Tahnoun, was reported to be $250 million, of which $187 million went to Trump family entities.
Another $31 million was directed to groups associated with two of WLF’s founders, Zach Folkman and Chase Herro.
With this agreement, Ariam $WLFIhas raised concerns about foreign influence in the U.S. cryptocurrency company, which has close ties to the president, who is the largest shareholder and one of the nine $WLFI He was a co-founder along with his sons Donald Trump Jr., Eric, and Barron.
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Sheikh Tahnoun maintains diplomatic relations with the United States and is chairman of Group of 42. Group 42, an Abu Dhabi-based AI conglomerate, received approval from the U.S. Department of Commerce in December to buy advanced chips from Nvidia and Advanced Micro Devices.
Senator criticizes Trump’s cryptocurrency ties
Report on Sheikh Tahnoun’s investment $WLFI President Trump’s relationship with cryptocurrencies may come under increased scrutiny from regulators and the media.
In January, Democratic Sen. Elizabeth Warren asked the country’s banking regulators to refrain from considering World Liberty Financial’s bid for banking charter until President Trump relinquishes his interests in crypto platforms.
The Office of the Comptroller of the Currency later rejected Warren’s bid, saying political or personal financial ties would not affect procedural reviews and that it would be subject to the same “rigorous review” as other applications.
$WLFI Spokesperson David Waxman echoed similar sentiments to Bloomberg.
“The idea that privately held American companies should be held to unique standards that do not apply to other similar companies when raising capital is absurd and un-American.”
