Donald Trump and Steve Witkoff co-launched a cryptocurrency venture involving the United Arab Emirates, which secured a stake from the royal family.
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What happened
Donald Trump and Steve Witkoff co-launched a cryptocurrency venture involving the United Arab Emirates, which secured a stake from the royal family.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Trump business accepts foreign investment from UAE entity in a shared crypto business venture.Sub-event
- A UAE-based foundation purchased tokens from Donald Trump's family, while his special peace envoy, Steve Witkoff, was involved.Sub-event
- Trump and Witkoff founded World Liberty Financial, a crypto venture, and Justin Sun invested in it while promoting through Lindsay Lohan.Sub-event
Binance, involved in the crypto venture, faces sanctions issues related to Iran.1 source
The venture co-launch includes UAE involvement, royal family investment, and presidential appointments.1 source
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The entities involved
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Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)
- Netanyahu and Katz's recent actions have increased Iranian suspicion, leading Iran to threaten a first strike and demand Hezbollah's military participation.
- A collection of developments regarding Donald Trump's projects, including attempts to name the Kennedy Center, construction projects at the White House, and political criticism from Joe Biden.
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Steve Witkoff
American businessman and diplomat (born 1957)
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United Arab Emirates
country in Western Asia
- Mark Carney met with the UAE President to discuss deepening collaboration, including CEPA negotiations, UAE investment in Canadian energy sectors, and impacts on Middle East stability.
- The UAE President warned Benjamin Netanyahu about Hamas attacks, while Hamas planned a major operation against Israel, and Gadi Eisenkot criticized Netanyahu over security failures.