The Trump family's cryptocurrency company WLFI is under review by the U.S. Senate due to a $500 million investment from the UAE

According to FinanceFeeds, five Democratic senators urged the Republican committee chairman on Tuesday to hold a hearing immediately to investigate the reported $500 million investment by the UAE in the Trump family's cryptocurrency company, World Liberty Financial.

It is reported that an aide to the Abu Dhabi royal family signed an agreement four days before Trump's inauguration last year to purchase a 49% stake in World Liberty Financial for $500 million, of which $218 million has already been paid to Trump and entities related to his diplomat for Middle Eastern affairs, Steve Witkoff.

The senators confirmed that the supporter is UAE National Security Advisor Sheikh Tahnoon bin Zayed Al Nahyan. Since Trump took office in January 2025, his administration has approved several deals favorable to the UAE, including a $1.4 billion arms sale in May 2025 and authorization in November for the sale of over $1 billion worth of 35,000 advanced AI chips to UAE's G42 company.