Wu Blockchain (@WuBlockchain): Abu Dhabi Sheikh Tahnoon and Co-Investors Hold 49% Stake in World Liberty’s New Bank Holding Company
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Abu Dhabi Sheikh Tahnoon and Co-Investors Hold 49% Stake in World Liberty’s New Bank Holding Company Sheikh Tahnoon bin Zayed al Nahyan, the UAE’s national security adviser, and co-investors hold a 49% stake in WLTC Holdings, the holding company for World Liberty Financial’s planned banking venture, through StringZ Holding RSC, The Wall Street Journal reported. A Trump family-affiliated entity holds about 38%. The OCC granted preliminary conditional approval this month for World Liberty to establish a national trust bank that would issue, redeem and safeguard its USD1 stablecoin. Tahnoon and co-investors previously invested $500 million in World Liberty Financial in January 2025 for a 49% stake in the company. The bank must still meet OCC conditions and pass a final examination before it can begin operations.