A US company backed by the UAE has made a record-breaking investment in a cryptocurrency venture linked to Donald Trump. World Liberty Financial, a company co-founded by Trump family members, is selling $2 billion of its “stablecoin” to MGX, a state-backed investment firm from the United Arab Emirates. This deal makes it the largest such investment ever recorded by Binance, a major cryptocurrency exchange.
Source: https://www.washingtonpost.com/technology/2025/09/26/tiktok-owners-mgx-conflict