Sheikhs Investment Firm Acquires Stake in Trump Company

Abu Dhabi Royal Invests in Trump Company, WSJ Reports

A stake in a company linked to former US President Donald Trump has been acquired by an Abu Dhabi royal. According to The Wall Street Journal, the investment was made through a secret deal.

The company involved is reportedly part of Trump’s crypto venture. Bloomberg also reported on this development, stating that Abu Dhabi Royal bought a stake in the firm four days before the inauguration of US President Joe Biden.

Binance has also confirmed the news, stating that a quiet deal between an Abu Dhabi royal and a Trump-linked firm may explain a larger power play.

The UAE-linked funds have been linked to the Trump crypto project, raising scrutiny. The details of this investment are not yet clear.

It is worth noting that no further information is available at this time regarding the specifics of this deal or its implications.

Source: Google News World