How a ‘spy sheikh' bought 49% of the Trump family's flagship crypto company: ‘We've got some pretty meaningful investors' [Yahoo! Finance]
Trump Media & Technology Group Corp. (DJT)
Company Research
Source: Yahoo! Finance
to funnel $500 million into a Trump family crypto company. The investment into World Liberty Financial was backed by Sheikh Tahnoon bin Zayed Al Nahyan, brother of the president of the United Arab Emirates, the Wall Street Journal reported. A spokesperson for the Trump family crypto company confirmed to Fortune that the transaction had occurred. In exchange for half a billion dollars, a company tied to the politician, who's an Emirati national security advisor and sometimes referred to as the “spy sheikh,” received 49% in equity in World Liberty Financial. The company was founded in 2024 as a DeFi platform, or business that puts banking activities like lending and borrowing on the blockchain. It's one of the Trump family's main crypto businesses. Meanwhile, the two sheikh lieutenants who signed onto the World Liberty deal also hold top positions at G42, a technology and venture capital firm backed by the Abu Dhabi royal family. When asked by Fortune in May whether G42 backed the T
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DJT
Sec Filings
- 1/23/26 - Form 425
- 1/20/26 - Form 425
- 1/16/26 - Form S-8
- DJT's page on the SEC website