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WSJ: Abu Dhabi Royal Purchased 49% Stake in Trump Family’s Cryptocurrency Firm

HeadlineFeb 05, 2026
Image Credit: White House photo

There are new revelations about an Abu Dhabi royal purchasing a stake in the Trump family’s cryptocurrency company World Liberty Financial just days before President Trump’s second inauguration. The Wall Street Journal reports Sheikh Tahnoon bin Zayed Al Nahyan, known as the “Spy Sheikh,” purchased a 49% stake in World Liberty Financial for a half-billion dollars. Months later, the Trump administration gave the United Arab Emirates access to tightly guarded artificial intelligence chips. As part of the deal, $31 million was funneled into entities affiliated with the family of Steve Witkoff, the U.S. envoy to the Middle East, who is also a co-founder of World Liberty Financial. His son Zach Witkoff is currently the CEO of World Liberty Financial. In response, Congressmember Ro Khanna announced that he was investigating the deal between World Liberty Financial and the Abu Dhabi royal. In a letter to Zach Witkoff, Khanna wrote, “These arrangements are not just a scandal, but may even represent a violation of multiple laws and the United States Constitution.” We’ll speak with Congressmember Ro Khanna after headlines.

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