UAE National Security Advisor Holds 49% Stake in Bank Linked to Trump Family

UAE National Security Advisor Sheikh Tahnoon bin Zayed al Nahyan is one of the investors in a bank linked to U.S. President Donald Trump's family. According to information, Tahnoon and other investors hold a 49% stake in a holding company established by World Liberty Financial to seek a banking license in the United States. Tahnoon is also the brother of the current President of the UAE, and the shareholding structure is arranged through an entity named StringZ Holding RSC. This business is related to World Liberty Trust Company, National Association, which has received preliminary approval from the Office of the Comptroller of the Currency (OCC) to operate as a national trust bank. World Liberty Financial established this company this year with the aim of obtaining a banking license in the U.S., which would expand the supply of financial services related to cryptocurrencies. Plans include custody, conversion, and fund transfer operations, as well as services related to the issuance and redemption of digital assets. The company structure has raised political concerns, and the White House has dismissed allegations of conflicts of interest involving Trump and his business interests, with Deputy Press Secretary Anna Kelly stating that "there is no conflict of interest." Democratic lawmakers have expressed concern over the issue, calling for hearings on investments related to World Liberty Financial. Congressman Ro Khanna initiated an investigation in February regarding funding provided to the company by the UAE royal family.

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