Multiple reports in the recent days noted that 49% of Trump-linked World Liberty Financial (WLFI) had been bought out.
The claims gained traction quickly, and they prompted an unusually direct response from U.S. President Donald Trump himself.
A clean distance from WLFI deal reports
President Trump has publicly denied any knowledge of a reported multimillion-dollar agreement involving his family and an Abu Dhabi royal for a substantial stake in WLFI. Speaking to reporters on Monday, he bluntly stated,
He added that the matter was being taken care of independently, noting,
Source: X
According to Trump, any external capital linked to the platform would fall outside his direct involvement, stating that,
Deal details and key players
AMBCrypto previously reported that WLFI had sold a 49% stake to UAE-based Aryam Investment in a deal reportedly valued at $500 million.
The agreement was signed just days before President Donald Trump’s second inauguration, when WLFI had yet to launch any live products.
Despite the size of the transaction, Aryam is not believed to hold any governance or token-related rights tied to WLFI.
Aryam Investment is backed by Sheikh Tahnoon bin Zayed Al Nahyan, the UAE’s national security advisor and brother of the country’s president.
Sheikh Tahnoon also chairs MGX and G42, two major firms focused on artificial intelligence.
Earlier this year, MGX invested $2 billion in Binance using WLFI’s USD1 stablecoin without disclosing its indirect exposure to WLFI.
Is the uncertainty affecting price?
Keeping in line with the buzz of the past week, prices are trending lower on the daily chart. WLFI recorded a drop of over 20% from its recent local highs, briefly slipping toward the $0.13 level before attempting a weak consolidation.
Selling pressure remained dominant through most sessions, with red candles clustering toward the end of January.
Source: TradingView
RSI was close to oversold territory, so bearish sentiment was firmly in control. While minor buying interest emerged near the lows, the token was yet to show signs of a decisive rebound.
Near-term price action is still shaky.
Final Thoughts
- Trump’s denial has done little to calm concerns; the 49% stake sale is still raising questions.
- Until ownership clarity improves, it looks like the market is pricing in uncertainty.
Source: https://ambcrypto.com/trump-denies-knowledge-of-500-mln-wlfi-deal-my-family-is-handling-it/
