A group linked to Sheikh Tahnoon, a member of Abu Dhabi’s royal family, is reportedly backing a 49% stake in the holding company behind World Liberty’s proposed US trust bank, according to The Wall Street Journal. The bank has received conditional approval, while the reported investment would connect Abu Dhabi capital with a venture associated with World Liberty and the Trump-linked crypto ecosystem. The report, cited by Cointelegraph, did not provide further details on the transaction’s structure or timing. Market participants tracking Official Trump (TRUMP) and related crypto assets may monitor developments around the venture, although the reported stake concerns the bank’s holding company rather than a direct purchase of the token. The information remains based on reporting about a conditionally approved institution, not confirmation that the bank has received full authorization or begun operations.
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Cointelegraph
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