• Abu Dhabi-linked investors committed USD 500M to a US-based crypto venture tied to the Trump family, WSJ reports.
• The deal values the crypto company at USD 1B and grants investors a 49% stake ahead of wider expansion plans.
• The funding was structured in two tranches, with detailed allocations to founders, affiliates, and early stakeholders.

Trump Crypto Venture

Abu Dhabi-linked investors have committed USD 500 million to a cryptocurrency venture associated with the Trump family, according to The Wall Street Journal. The transaction gives the investors a 49% stake in World Liberty Financial, valuing the company at around USD 1 billion.

According to the report, the deal was signed through emissaries linked to Sheikh Tahnoon bin Zayed Al Nahyan. The agreement was finalized shortly before Donald Trump’s inauguration last year, based on company documents cited by the newspaper.

World Liberty Financial operates as a private cryptocurrency and digital finance platform. According to public disclosures, it focuses on developing blockchain-based financial products. The investment provides fresh capital to support platform development, operations, and future growth initiatives.

Investment

The USD 500 million investment was structured in two tranches. The first installment totaled USD 250 million. Of that amount, USD 187 million was directed to entities linked to members of the Trump family, based on documents cited by the WSJ.

The report indicates that at least USD 31 million from the first tranche was allocated to entities connected to the family of Steve Witkoff, a co-founder of World Liberty Financial. It also indicates that an additional USD 31 million was directed to an entity tied to the venture’s other co-founders, Zak Folkman and Chase Herro.

The Wall Street Journal reported that the remaining USD 250 million was scheduled to be paid at a later date. The publication said it could not determine how that second tranche may ultimately be distributed.In a statement to Bloomberg, a spokesperson for World Liberty Financial said neither President Trump nor Steve Witkoff, a co-founder of the venture, has had any involvement in the company since Trump took office. The spokesperson added that the transaction was conducted independently and in the company’s commercial interest.