Eric Trump signed $500 million deal giving UAE-linked investors a 49% stake in Trump family crypto venture World Liberty Financial
Eric Trump signed a $500 million deal on January 16, 2025 -- four days before his father's second inauguration -- giving an investment firm linked to Sheikh Tahnoon bin Zayed Al Nahyan, the UAE's national security adviser and manager of its largest sovereign wealth fund, a 49% stake in World Liberty Financial, the Trump family's cryptocurrency venture. The Wall Street Journal first reported the previously undisclosed deal on February 1, 2026; of the payment, $187 million went to Trump family entities and at least $31 million to entities tied to Steve Witkoff, Trump's Middle East envoy and a WLFI co-founder. Two senior officers at Tahnoon-backed companies joined WLFI's board as part of the agreement.