Trump family inks $500 million cryptocurrency agreement with UAE royal

By 
, February 2, 2026

A staggering $500 million cryptocurrency deal between the Trump family and a powerful Abu Dhabi royal has surfaced, raising eyebrows just as Donald Trump returned to the White House.

On January 16, 2025, Eric Trump signed an agreement with executives linked to Sheikh Tahnoon bin Zayed Al Nahyan, the UAE’s national security adviser and brother of the country’s president. The deal, valued at $500 million, involved World Liberty Financial, a Trump-backed crypto firm, and Aryam Investment 1, a company controlled by Sheikh Tahnoon.

Confirmed by the Wall Street Journal, company documents, and sources familiar with the matter, this transaction sent nearly $200 million to Trump-linked entities.

Unveiling the UAE Crypto Partnership

Critics have pounced on this deal, alleging it reeks of foreign influence and conflicts of interest. But let’s cut through the noise and look at what this means for American innovation and global partnerships. The agreement made a foreign official the largest shareholder in a firm tied to the U.S. president, an unprecedented move in modern politics.

Under the deal, Aryam gained a 49% stake in World Liberty Financial for $500 million, with $250 million paid upfront, The Daily Mail reported. Of that, $187 million went directly to Trump family entities, per reviewed documents. At the time, World Liberty had no operational products, relying solely on revenue from a token called WLFI, which had raised $82 million.

Sheikh Tahnoon, overseeing a $1.3 trillion business empire, isn’t just any investor. His control of G42, an AI and surveillance firm once scrutinized for ties to Chinese tech like Huawei, has long raised red flags in Washington’s security circles. Yet, under Trump’s watch, barriers seem to be falling.

AI Chips Deal Sparks Debate

In March, after Trump’s return to power, Tahnoon met with the president in the Oval Office, expressing eagerness to deepen AI and tech cooperation. Two months later, the administration approved a framework allowing the UAE to receive around 500,000 advanced AI chips annually—enough to build a major global data center cluster. Publicly hailed as a win for U.S. tech firms, few knew Tahnoon’s envoys had already secured a massive stake in Trump’s crypto venture.

Democratic Senator Chris Murphy didn’t hold back, tweeting on a Sunday evening about the deal. “Trump reversed decades of national security objections to selling advanced AI chips to UAE... Before the deal, UAE had sent $187M to the Trumps and $31M to the Witkoffs in secret payments,” he wrote.

Murphy added, “Mind blowing corruption.” While the left cries foul, it’s worth asking if this is just another attempt to smear a president who prioritizes deal-making and strategic alliances over bureaucratic hand-wringing.

World Liberty’s Rapid Rise

World Liberty’s board now includes Eric Trump, CEO Zach Witkoff, and two G42 executives, Martin Edelman and Peng Xiao, though these additions weren’t publicly disclosed. The Trump family’s ownership dropped from 75% to 38%, hinting at a major stake sale without naming the buyer. This opacity fuels suspicion, but isn’t it possible this is just smart business?

Weeks before the U.S.-UAE chip deal, Zach Witkoff appeared in Dubai, announcing that Tahnoon-controlled MGX would use World Liberty’s stablecoin, USD1, for a $2 billion Binance investment. This propelled USD1 into the top tier of global stablecoins, securing a $2 billion cash reserve for World Liberty, now invested in U.S. Treasury bonds for millions in interest. That’s the kind of financial maneuvering the left rarely applauds.

The White House, through counsel David Warrington, dismissed any conflict, stating, “The President has no involvement in business deals that would implicate his constitutional responsibilities.” This clarity should put doubts to rest, though skeptics will likely keep spinning their narratives.

Broader Implications for U.S. Policy

Tahnoon’s ties to Trump’s circle aren’t new—his firms previously invested $1.5 billion with Jared Kushner and joined a $500 billion AI data center project with OpenAI and SoftBank, promoted by Trump himself. Soon after, MGX was tapped to operate TikTok in the U.S., and Trump pardoned Binance founder Changpeng Zhao, drawing predictable outrage from Democrats. These moves show a leader unafraid to align with global players for American gain.

Legal experts and ethics officials have called the sequence of events troubling, but isn’t this just the same old establishment clutching pearls over bold leadership? The Trump Organization insists it takes ethical obligations seriously and abides by all laws. That’s a commitment the anti-Trump crowd conveniently ignores.

The left will weaponize anything to undermine a president who puts America first, even if it means partnering with foreign entities for mutual benefit. The UAE deals, from crypto to AI chips, signal a pragmatic approach to global economics, not a sellout. If Democrats spent half as much energy on real threats as they do on these witch hunts, we’d all be better off.

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