Abu Dhabi Royal Backs Stake in Proposed Trump-Linked Crypto Bank
An Abu Dhabi royal and his co-investors have backed the largest stake in a holding company behind World Liberty Financial's proposed US trust bank, according to the Wall Street Journal.
The holding company, StringZ Holding RSC, owns 49% of WLTC Holdings, while an entity affiliated with US President Donald Trump's family owns another 38%, WSJ reported.
StringZ is led by Sheikh Tahnoon bin Zayed Al Nahyan, the UAE's national security adviser and chairman of artificial intelligence company G42. The US authorized exports of advanced AI chips to G42 in November 2025, months after Washington and Abu Dhabi agreed a broader AI cooperation framework.