Abu Dhabi royal reportedly backs stake in Trump-linked crypto bank ventureA group tied to Abu Dhabi royal Sheikh Tahnoon bin Zayed Al Nahyan reportedly backs the largest outside stake in the holding company behind World Liberty Financial’s proposed US trust bank.
What happened
Sheikh Tahnoon’s group is reportedly behind StringZ Holding, which owns 49% of WLTC Holdings An entity linked to Donald Trump’s family reportedly owns another 38% Why this matters WLTC Holdings is behind World Liberty Trust Company, which received preliminary conditional approval from the OCC on Aug. 14 If fully approved, the trust bank would handle issuance, redemption and custody for World Liberty’s USD1 stablecoin What is confirmed OCC documents confirm StringZ is an investor in WLTC Holdings and agreed not to influence the bank The documents do not name Sheikh Tahnoon or disclose StringZ’s exact stake What comes next The trust bank still cannot operate until it meets OCC pre-opening requirements and receives final approval The deal may draw more political scrutiny because Tahnoon previously backed a $500 million purchase of 49% of World Liberty FinancialConclusion: World Liberty’s banking plan is no longer just a crypto story. It now sits at the intersection of stablecoins, US banking approval, Trump-linked business interests and Gulf capital — which means every regulatory step will attract political attention.
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