
World Liberty bank backed by 49% Abu Dhabi stake
An entity linked to Abu Dhabi royal Sheikh Tahnoon bin Zayed Al Nahyan reportedly backs 49% of the holding company behind World Liberty Financial’s proposed bank.
World Liberty Financial (CRYPTO:WLFI) denied claims by investor Nic Carter that he turned down an advisory role after questioning the project's crypto knowledge.
Decentralised finance project World Liberty Financial burned 100 million WLFI tokens worth about $6.67 million as part of a broader restructuring of its insider vesting schedule.