Former president Donald Trump said he was unaware of the details surrounding a UAE sheikh's investment in World Liberty Financial.

Trump added that his sons and other family members manage cryptocurrency activities, while his current priorities remain Iran, Russia, and Ukraine.

Statement

He stated he did not know specifics of the transaction and declined to elaborate on the timing or contractual terms reported in media accounts.

Trump said operational matters for the World Liberty Financial crypto venture are handled by his sons and other relatives, not by him.

Family role and priorities

He noted that his focus is on foreign policy issues and that those priorities limit his personal engagement with the family's commercial initiatives.

Trump expressed support for cryptocurrencies and warned that failure by the United States to promote digital assets could cede ground to China.

Context and implications

The comments did not identify the sheikh, disclose which emirate the investor represents, or specify the investment size and contractual provisions.

World Liberty Financial is a family-linked enterprise involved in various financial initiatives, including cryptocurrency-related projects announced in recent years.

Analysts have noted that competition over digital asset infrastructure could reshape market leadership, with China advancing state-affiliated initiatives in some areas.

Trump reiterated a belief that U.S. policy should support innovation while ensuring appropriate oversight and national security safeguards for digital finance.