💰🇦🇪 Crypto Meets Politics: UAE’s $500M Bet on Trump-Linked Firm
- A UAE-backed fund, tied to Sheikh Tahnoon bin Zayed Al Nahyan, bought 49% of World Liberty Financial, a crypto firm linked to Donald Trump’s family.
- The deal, worth $500 million, was signed by Eric Trump just days before Trump’s second inauguration in January 2025.
- The timing and scale of the investment raise conflict of interest concerns, as Sheikh Tahnoon is both UAE’s national security adviser and head of its sovereign wealth fund.
- Months later, the U.S. reportedly agreed to grant the UAE access to 500,000 advanced AI chips annually, fueling speculation about geopolitical quid pro quo.
- For crypto markets, this signals institutional confidence and potential regulatory tailwinds under Trump’s administration.
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