HomeNewsTrump Denies Involvement in Reported $500 Million UAE Stake Sale of Trump-Linked...

Trump Denies Involvement in Reported $500 Million UAE Stake Sale of Trump-Linked WLFI

-

President Donald Trump has publicly denied knowledge of a reported $500 million stake sale in Trump-linked financial platform World Liberty Financial (WLFI) to a UAE-based firm. The deal, which reportedly sold a 49% stake to Aryam Investment, is being handled by Trump’s family. Following the reports, WLFI’s token price has dropped over 20% from recent highs.


U.S. President Donald Trump has directly addressed recent reports of a major stake sale in World Liberty Financial (WLFI). He publicly stated, “I don’t know about it,” regarding a reported multimillion-dollar agreement involving his family and an Abu Dhabi royal for a substantial stake in WLFI. Trump added that “My sons are handling that… my family is handling it,” and noted that any external capital linked to the platform would fall outside his direct involvement.

The reported deal involves WLFI selling a 49% stake to UAE-based Aryam Investment in an agreement valued at $500 million. This agreement was signed just days before President Trump’s second inauguration, at a time when WLFI had not yet launched any live products. Aryam Investment is backed by Sheikh Tahnoon bin Zayed Al Nahyan, the UAE’s national security advisor and brother of the country’s president.

Sheikh Tahnoon also chairs MGX and G42, two major firms focused on artificial intelligence. Earlier this year, MGX invested $2 billion in Binance using WLFI’s USD1 stablecoin without disclosing its indirect exposure to WLFI. Despite the size of the transaction, Aryam is not believed to hold any governance or token-related rights tied to WLFI.

Following the buzz around these reports, WLFI’s token price has been trending lower. It recorded a drop of over 20% from its recent local highs, briefly slipping toward the $0.13 level before attempting a weak consolidation. Selling pressure remained dominant through most sessions, with the token yet to show signs of a decisive rebound as bearish sentiment remained firmly in control.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Crypto Funds Bleed for 4th Week, $3.74B Out as Market Optimism Fades

The initial 2026 crypto rally has stalled, with investment products experiencing four consecutive weeks of outflows totaling $3.74 billion. A new report details a $173...

Tron Inc. Buys 177.9K TRX as Token Price Weakens

Tron Inc., the NASDAQ-listed company, has significantly increased its holdings of TRX tokens, purchasing 177,925 TRX at an average price of $0.28. This acquisition raises...

Whale Accumulates $2.9M in UNI Near Multi-Month Support at $3.13

A large-scale purchase of Uniswap's UNI token has drawn attention to a key support level. An investor acquired 640,000 UNI, worth $2.29 million, from the...

Render Token Eyes $5.6 Breakout from Bullish Wedge Pattern

The Render (RENDER) token is showing early signs of a potential bullish breakout from a corrective pattern, according to a recent technical analysis. While its...

Most Popular

spot_img